The Atlanta Falcons are making strategic moves to address their salary cap limitations as NFL free agency approaches. General manager Terry Fontenot is executing roster adjustments after finalizing a two-year, $45 million extension with left tackle Jake Matthews, who has been a cornerstone since being drafted sixth overall in 2014. Matthews' new deal, which includes $38 million in guaranteed money, allows the Falcons to convert part of his salary into a signing bonus, potentially saving up to $11 million against the cap.

This restructuring is crucial as the Falcons aim to navigate the impending free agency period starting March 10. Notably, with the additional cap space, they could retain center Drew Dalman, a key player on the offensive line who is also a free agent target.