Atlanta Falcons quarterback Matt Ryan broke the bank.
He was signed to a five-year, $103.75 million contract extension that includes $59 million in guaranted money, according to a league source.
Ryan is now the second-highest paid player in the league with an annual average of $20.75 million just behind Green Bay Packers quarterback Aaron Rodgers' $22 million annual compensation.
Baltimore Ravens quarterback Joe Flacco's six-year, $120.6 million contract averages $20.1 million and includes a three-year, $62 million payout.
This is quite the deal, a reward for a player who has met expectations since being drafted in the first round out of Boston College.
Follow me on Twitter: @RavensInsider
Aaron Wilson covers the Ravens for The Baltimore Sun
Check out our partners at TiqIQ for the best deals on all games on the 2014 NFL schedule.
SEP 02 Jeff Fedotin
Kansas City re-signs Smith, stashes young backup QBs on roster.
AUG 28 Joel Corry
Between injuries, trades and positional battles, the financial landscape for several key players has shifted dramatically.
AUG 26 Joel Corry
The highly productive Dallas wideout is headed for a big-time payday.