The Atlanta Falcons are poised to part ways with veteran quarterback Kirk Cousins this offseason, according to multiple reports emerging today.
Sources close to the situation, including reporting from The Athletic’s Josh Kendall and Jeff Howe, indicate the team expects to release the 37-year-old signal-caller in early March.
Falcons, Cousins To Part Ways
This move comes after the Falcons and Cousins agreed to restructure his contract earlier this month, shifting most of his 2026 base salary to 2027 and creating a $67.9 million vesting guarantee that would kick in on March 13 if he remains on the roster.
The restructure lowered Cousins’ 2026 base pay from $35 million to $2.1 million, providing Atlanta with immediate cap relief while setting the stage for a clean break before that massive guarantee locks in.
A post-June 1 designation remains possible in some scenarios, but the prevailing expectation points to an outright release by mid-March to avoid the financial hit.
Cousins joined the Falcons on a four-year, $180 million deal in the 2024 offseason, arriving as a proven starter fresh off an Achilles injury from his final season in Minnesota.
The plan was for him to mentor and bridge to first-round pick Michael Penix Jr., selected eighth overall in 2024. However, the transition never fully materialized as envisioned.
Cousins started 14 games in 2024, delivering solid production in his return from injury. In 2025, after Penix suffered a knee injury that sidelined him for much of the second half, Cousins stepped back in and led the team to a 5-3 record in his starts, including a late-season four-game winning streak.
He finished the year with 1,721 passing yards, 10 touchdowns, and five interceptions over those eight appearances, showing he could still move the ball effectively.
Despite that late surge, the Falcons’ front office—now under new leadership with head coach Kevin Stefanski and ongoing general manager search—appears ready to turn the page.
Stefanski, who previously worked with Cousins as offensive coordinator in Minnesota, acknowledged their history but stopped short of committing to the veteran when asked about the quarterback situation.
The decision reflects Atlanta’s commitment to Penix as the long-term starter, even as the young left-hander continues recovering from his knee issue.
Releasing Cousins frees up significant cap space for the team to address other needs or explore veteran additions if Penix isn’t fully ready for Week 1 of the 2026 season.
Cousins, who will turn 38 before the 2026 campaign, remains a respected veteran with a strong track record of accuracy and decision-making.
Reports suggest the Falcons could be open to re-signing him on a more team-friendly deal if he doesn’t land a starting opportunity elsewhere, but the expectation is that he’ll hit free agency and pursue a role where he can compete for QB1 snaps.
For Falcons fans, this marks the end of a brief but eventful chapter.
Final Word
Cousins brought professionalism and production during his time in Atlanta, but the organization’s future is now firmly tied to Penix and whatever direction the new regime charts.
Stay tuned to AtlantaFi.com for updates as the offseason unfolds, including any potential landing spots for Cousins and how the Falcons plan to build around their young quarterback. Rise up.