Atlanta Falcons and Matt Ryan Talking Contract Extension

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Jan 20, 2013; Atlanta, GA, USA; Atlanta Falcons quarterback Matt Ryan (2) throws in the pocket against the San Francisco 49ers in the NFC Championship game at the Georgia Dome. The 49ers won 28-24. Mandatory Credit: Matthew Emmons-USA TODAY Sports
Jan 20, 2013; Atlanta, GA, USA; Atlanta Falcons quarterback Matt Ryan (2) throws in the pocket against the San Francisco 49ers in the NFC Championship game at the Georgia Dome. The 49ers won 28-24. Mandatory Credit: Matthew Emmons-USA TODAY Sports /

The Atlanta Falcons and franchise quarterback Matt Ryan have had “casual” contract negotiations but don’t appear ready to strike a deal just yet.

Pro Football Talk is reporting that while both sides have exchanged figures and have talked occasionally, a deal is more likely to be struck after the Fourth of July.

Per Mike Florio:

"Per a source with knowledge of the situation, casual talks currently are occurring, with an expectation that things will heat up after the July 4 holiday."

The Falcons nor Ryan have much reason to rush a deal as the former Boston College quarterback still has a year left on his contract, though, it has been reported that defensive tackle Richard Seymour will not be able to sign with Atlanta until Ryan and the Falcons agree on a new deal.

How much Ryan will get is currently an unknown, though, it’s expected he’s seeking a deal somewhere in the range of Joe Flacco‘s contract which would pay $20 million (give or take) annually.