The Atlanta Falcons, days after trading away franchise quarterback Matt Ryan, acknowledged Wednesday they are in the midst of a franchise-wide transition.
While general manager Terry Fontenot and coach Arthur Smith were loath to use the word "rebuilding," Fontenot did say the franchise is "taking it on the chin this year" in terms of the team's dead money.
Atlanta faces dead-money charges of over $62 million after the trade Monday that sent Ryan to the Colts and the 2021 deal with the Titans that sent former star receiver Julio Jones to Tennessee.