Atlanta Falcons News & Rumors

Falcons QB Michael Penix Jr. will make the first start of his professional career today following Atlanta’s momentous (but obvious) decision to bench veteran Kirk Cousins in favor of the rookie passer. While Cousins — who had signed a four-year, $180MM deal this offseason to help lead the club on a championship run — was obviously given a long leash, the Falcons believed Penix was ready to take the reins from the jump.

As SI.com’s Albert Breer said during an interview on last week’s TNF Tonight program, Atlanta would have been comfortable starting Penix in Week 1 if necessary (video link). The Washington standout played collegiately for six years, and even when Cousins was at the top of the depth chart, Penix was getting about 10 first-team reps per week while seeing plenty of action with the scout team.

Ian Rapoport of NFL.com adds further context, writing that Penix had the same listening device in his helmet as Cousins during practice and would watch film of what Cousins did and then go through it mentally himself before running the same plays with the club’s young receivers. Rapoport also noted that, each practice, there was a competitive period in which Penix would have the opportunity to run the Falcons’ plays instead of scout-team plays. Those opportunities could be the same first-team reps that Breer referenced, but in any event, Atlanta has long believed that Penix is physically and mentally prepared to assume QB1 duties.

Of course, his arm strength and running ability should also open up the playbook. Breer observes that Cousins hurt his shoulder and elbow during a Week 10 loss to the Saints, and that the veteran signal-caller had not been the same since. Indeed, prior to that New Orleans contest, Cousins was coming off a two-game stretch in which he threw for seven TDs and no interceptions while posting QB ratings of 145.9 and 144.8. But in the next five games, he threw just one touchdown against nine interceptions, and his physical ailments limited the Falcons from a play-calling standpoint.

There will be no such limitation with Penix at the controls, and the expectation is that Cousins will be released in the offseason. Rapoport acknowledges that a release is generally viewed as the most likely outcome, but he does leave open the possibility that the Falcons could retain Cousins as a high-end backup/insurance policy since they are obligated to pay his fully-guaranteed $27.5MM 2025 salary anyway (and since Penix will still be on his affordable rookie deal).

The bigger issue, at least from a financial perspective, would be the $10MM roster bonus for 2026 that locks in if Cousins is still on the roster on the fifth day of the 2025 league year in March. Still, a Cousins return remains on the table and is more plausible than a trade. The four-time Pro Bowler has a full no-trade clause, and since he is much more valuable to another team as a free agent who could be had for a veteran minimum deal than a trade candidate, he is not expected to waive the NTC (his situation is similar to Russell Wilson’s, who was able to sign with the Steelers for the veteran minimum following his Broncos release this offseason since Denver was on the hook for his 2024 pay).

Cousins may, however, contemplate retirement. He will turn 37 before the 2025 season begins, and Rapoport says Cousins is expected to take a month or so after the current campaign is over to consider his playing future. He would be walking away from a large sum of money if he were to call it a career, but the master of negotiation has already earned just shy of $300MM from his NFL contracts.

Kirk Cousins‘ stint in Atlanta will likely last one season. According to ESPN’s Adam Schefter, there’s an expectation that the Falcons will cut the veteran quarterback before he’s owed his $10MM roster bonus in mid-March. Some sources described the impending divorce as “inevitable.”

[RELATED: Falcons To Bench Kirk Cousins, Start Michael Penix In Week 16]

The Falcons made one of the biggest moves of this past offseason when they inked the free agent QB to a four-year, $180MM deal. A month later, the organization shocked the league when they added another quarterback in Michael Penix Jr. with the eighth-overall pick. Cousins was naturally given the first shot to run with the job, but he’s struggled mightily over the past month-plus. Since Week 10, Cousins has tossed only one touchdown vs. nine interceptions, and the team finally announced that they were pivoting to their rookie for Week 16.

By shifting Penix to the top of the depth chart, the Falcons signaled that Cousins probably wouldn’t be on the roster for the 2025 campaign. While cutting the veteran isn’t the team’s only option, it seems like the most likely. As Schefter notes, there’s a belief that the Falcons wouldn’t be able to find a trade suitor for their recent acquisition.

Cousins has a no-trade clause, and assuming he’s not particularly happy with how things have played out in Atlanta, it’s understood that the QB won’t “be doing any favors” for the Falcons by waiving that NTC. Indeed, some sources believe Cousins may have been more willing to work with the Falcons front office on a trade had the organization handled things differently this past offseason (per Schefter). Cousins reportedly had no idea that the Falcons would use the eighth-overall pick on a QB until they called Cousins on draft night, and while the free agent prize has remained professional, his camp clearly wasn’t happy with the team’s draft-night approach.

Cousins will be locked into his fully guaranteed 2025 $27.5MM salary regardless of his roster status in Atlanta. So, when he’s eventually released, he can catch on with another squad for the minimum (while making the Falcons pick up most of the tab on his 2025 earnings). We saw a similar scenario play out last offseason with Russell Wilson. Greg Auman of FOX Sports notes that the Falcons could attempt to convert some of his salary into a bonus, making a trade more palatable. Still, that route would require Cousins to work with the Falcons, and even then, it’s uncertain if a suitor would emerge despite a lower hypothetical financial commitment.

The Falcons could also simply keep Cousins on the roster for the 2025 campaign. As a Falcons official noted to Schefter, Penix’s $5.2MM salary number for the 2025 campaign does provide the front office with some flexibility. However, considering how things have developed with the veteran, it seems unlikely that the Falcons would willingly set up a QB competition.

If the Falcons are hoping to avoid that $10MM guarantee, Auman believes the organization probably won’t dress Cousins for the stretch run as they look to avoid an injury. So, in all likelihood, Cousins has already made his final appearance with the Falcons organization. As ESPN’s Field Yates notes, the veteran will ultimately earn nearly $90M in cash for just 14 starts. In his comeback from a torn Achilles, Cousins connected on 66.9 percent of his passes for 3,508 yards, 18 touchdowns, and a league-leading 16 interceptions.

Despite the worrisome drop in production, Cousins will likely be one of the biggest names on the free agent market for a second-straight offseason. With the likes of Sam Darnold and Wilson currently sitting atop the anticipated QB class, Cousins shouldn’t struggled to find a suitor…especially when you consider that his next squad won’t have to break the bank to sign him to a one-year pact.