As Baltimore Ravens star quarterback Lamar Jackson continues to insist that he does not need an agent to negotiate on his behalf electing to represent himself instead, one prominent NFL quarterback provides an excellent example of how an agent can help.
On Tuesday afternoon, the Indianapolis Colts made the decision to part ways with veteran quarterback Matt Ryan after just one season with the team. But as league insider Ian Rapoport of the NFL Network revealed on Tuesday, he’s going to get paid $12 million this season regardless, thanks to a provision negotiated by his agent.
“As part of the #Colts trade to acquire QB Matt Ryan, his agent negotiated a new contract that included a $12M guarantee in 2023 that was not in his previous contract. Ryan remains entitled to the $12M regardless of what he decides to do this season. Amazing.”
As part of the #Colts trade to acquire QB Matt Ryan, his agent negotiated a new contract that included a $12M guarantee in 2023 that was not in his previous contract. Ryan remains entitled to the $12M regardless of what he decides to do this season. Amazing.
— Ian Rapoport (@RapSheet) March 14, 2023
It’s an absolutely brilliant move from Matt Ryan and his agent, and the NFL world had plenty to say about it on Twitter.
World class hustle. My goodness. https://t.co/Yq0Fuq9tiE
— Adam Kramer (@KegsnEggs) March 15, 2023
If there's not an agent HOF there should be and this person is first ballot. https://t.co/kRG4hsOWn1
— Jer (@80HD_Theatre) March 15, 2023
https://twitter.com/ReallyDanWeiner/status/1635762789611458560?s=20
Lucking into Peyton Manning and Andrew Luck back to back has hidden Jim Irsay from being universally looked at as the second worst owner in the NFL.*
*Nobody can actually beat Dan Snyder for that title. https://t.co/h6QiPCHEu1
— Adam Gretz (@AGretz) March 14, 2023
THE GOAT Tom Condon
That'll bring Matt Ryan's Career Earnings above the $300M mark
Embarrassing for Chris Ballard…. Really Embarrassing https://t.co/dCWuWxw1ut
— Chad Forbes (@NFLDraftBites) March 14, 2023
GET THAT BAG MATTY ICE https://t.co/E12j330qhX
— sean yoo (@SeanYoo) March 14, 2023
It’s not often that someone is able to make $12 million a year while doing absolutely nothing at all, but that’s exactly what Ryan will have the opportunity to do this year thanks to the rare contract provision.