Following the Matt Ryan trade, the Falcons found themselves amid an obvious rebuild. Atlanta’s new regime had rid itself of nearly every lousy contract the former regime handed out, aside from Deion Jones, which prompted many, including myself, to stir up the trade scenarios for Grady Jarrett.
Jarrett is entering a contract year this season and will surely command serious financial commitment next offseason in free agency. Even if the Falcons want to extend Jarrett, it wouldn’t make sense. He’s going to be 29-years-old by the start of the 2022 season and will undoubtedly seek a lucrative, multi-year deal. The Falcons timeline just doesn’t match up with Jarrett’s prime and contract term. The market would be robust for a player of Jarrett’s caliber, so the Falcons would be wise to cash in on the former All-Pro.
However, there were countering reports thrown out there that the Falcons were working on an extension with Jarrett, while others, like Jeremy Fowler, reported he could be a candidate for a draft-day trade. The Falcons’ staff always spoke extremely highly of the former Clemson Tiger, voicing their desire to have him remain in Atlanta. Now, it’s official.
According to Ian Rapoport, the Falcons and Jarrett have agreed to terms on an extension worth a reported $51 million over three years.
Sources: The #Falcons have agreed to terms on a big-money extension with DT Grady Jarrett, giving him a three-year deal worth up to $51M. Jarrett cashes in again, while ATL gets a lowered cap number in 2022. 💰 💰 💰
— Ian Rapoport (@RapSheet) May 3, 2022
It seems the base figure of the deal is $15 million AAV with the chance of earning up to $17 million per year, which is just an outstanding number for the Falcons. They lock up one of the only core players of the team and hand out the second lucrative extension of the new regime’s tenure — Jake Matthews being the first earlier this offseason.