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Falcons' Updated Salary Cap After Kirk Cousins' Reported $180M Contract in NFL FA

The Atlanta Falcons didn't waste time figuring out the team's quarterback situation, signing former Minnesota Vikings signal-caller Kirk Cousins to a massive four-year contract on Monday (per NFL Network's Tom Pelissero).

Cousins' deal is worth $180 million, with $100 million guaranteed. The guaranteed money will consist of $90 million in 2024 and 2025, then the remaining $10 million in 2026. The contract also includes a $50 million signing bonus.

Prior to the agreement, the Falcons had roughly $37.2 million in 2024 cap space (via Over the Cap).

This article will be updated soon to provide more information and analysis.