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Recapping Thursday’s Free-Agent Moves By Falcons

ATLANTA – The Falcons made a number of moves Thursday, the first day of free agency and the beginning of the new league year in the NFL. Here’s a recap:

Signed

  • Matt Schaub, QB – Schaub signed a widely reported two-year contract for $9 million.
  • Courtney Upshaw, DL – Upshaw’s deal is incentive-laden, according to Aaron Wilson of The Houston Chronicle. It’s a deal worth a total of $1.15 million. It includes a $125,000 signing bonus, a $6,250 per game active roster bonus and a base salary of $775,000.
  • LaRoy Reynolds, LB – Reynolds signed a one-year deal with a number if incentives, according to Aaron Wilson of The Houston Chronicle. He’ll make $850,000 as a base and get a $250,000 signing bonus. His incentive cap is $550,000 bringing the total contract value to $1.3 million.
  • Levine Toilolo, TE — According to a source reporting to Ian Rapoport of the NFL Network, Toilolo’s three-year deal is worth $12 million.
  • Jack Crawford, DE – Crawford’s three-year deal is worth $10.3 million, according to Ian Rapoport of the NFL Network. His Year 1 tally will be $3.75 million.

Tenders

  • Taylor Gabriel, WR – The Falcons placed a second-round tender on Gabriel at $2.81 million.
  • Ricardo Allen, FS – Atlanta tendered Allen as an exclusive rights free agent.
  • Ben Garland, G, DT – Atlanta tendered Garland as an exclusive rights free agent.
  • Akeem King, DB – Atlanta tendered King as an exclusive rights free agent.

Released

Tyson Jackson, DL – According to Spotrac, the Falcons can clear $2.65 million in cap space by releasing Jackson. If they designate him a post-June 1 release, he’d clear $4.25 million off Atlanta’s books.

“We appreciate everything Tyson brought to our organization during his three seasons here,” Falcons general manager Thomas Dimitroff said in a release.

Cap Space

According to the NFL Player’s Association, the Falcons had $13,742,523 in cap space as of close of business Thursday. This figure will be extremely fluid over the first few days of free agency as the terms of everyone’s new deals are hashed out.

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