DETROIT — With the 8th pick in the 2024 NFL Draft, the Atlanta Falcons selected Washington quarterback Michael Penix, Jr. Yes, the Falcons needed a quarterback to shore up their long-term future after current quarterback Kirk Cousins’s time in uniform is completed. However, the selection of Penix with the 8th pick after paying Cousins $180 million nearly six weeks ago, is absolutely shocking.

The decision to take Penix stunned the 275,000 people at Campus Martius Park in downtown Detroit.

First, Cousins’s earnings in 2024 ($12.5 million) and 2025 ($27.5 million) are fully guaranteed. If the Falcons were to release Cousins after the 2024 season, they’d be on the hook for $65 million in dead money and cost themselves $25 million in net cap space. Even a post-June 1 cut would leave $40 million in dead cap on Atlanta’s books, placing the team in cap Hell.

Itoro N. Umontuen

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