Falcons Secure First-Round Pick Michael Penix Jr. with Four-Year Deal

Atlanta signs the quarterback to a $22.8 million contract following a surprising draft choice despite acquiring Kirk Cousins.

Michael Penix Jr. agrees to a four-year, $22.8 million contract with a $13.46 million signing bonus.
The Falcons' decision to draft Penix at No. 8 raised eyebrows after signing Kirk Cousins to a $180 million deal.
Penix will initially serve as Cousins' backup, with potential to take over in the future.
The Falcons have now signed four of their eight draft picks, with two remaining unsigned.
Penix had a standout college career at Washington, finishing as the Heisman Trophy runner-up in 2023.