May 3, 2018 12:53 PM PT1:53 PM MT2:53 PM CT3:53 PM ET19:53 GMT3:53 12:53 PM MST2:53 PM EST2:53 PM CT23:53 UAE15:53 ETNaN:� - Ryan has agreed to a five-year contract extension with the Atlanta Falcons. The deal is worth $150 million, according to NFL Network's Tom Pelissero. It includes $100 million in guarantees and keeps Ryan under contract through 2023 while making him the highest paid NFL player. Ryan's new average annual salary surpasses the three-year, $84 million deal - all guaranteed - quarterback Kirk Cousins just got from the Minnesota Vikings. Analysis: Ryan was the third overall draft pick in 2008 and has been the Falcons' starting quarterback ever since. He has only missed two starts over the first decade of his career, passing for nearly 42,000 yards with 260 touchdowns. He was the league MVP in 2016, guiding Atlanta to only the second Super Bowl appearance in franchise history. Ryan will turn 33 on May 17.