After a failed attempt to be released ahead of free agency, Kirk Cousins is now in no rush to force a move out of Atlanta. He is planning to wait until after the draft before waiving his no-trade clause to facilitate a deal, per Sports Illustrated’s Albert Breer.
The Falcons held onto Cousins long enough for $10MM of his 2026 salary to vest into a full guarantee and have signaled their willingness to keep him as an expensive backup this season. He would prefer to find a starting job elsewhere, though he’s wary of a repeat of last year’s situation in Atlanta. The Falcons signed Cousins to a four-year, $160MM deal in March and drafted Michael Penix with the eighth overall pick six weeks later. That put pressure on the 13-year veteran to live up to his contract while making it clear that he was not the team’s long-term quarterback.
When Cousins hit a patch of rough play in December, the Falcons benched him for Penix, effectively ending the 36-year-old’s tenure in Atlanta after 14 games. In 2025, he doesn’t want a highly drafted rookie breathing down his neck. That would be a risk with his two most likely suitors, the Browns and the Giants, who hold the second and third overall picks in April’s draft. After years of instability under center, both teams have been repeatedly linked with the draft’s top two quarterbacks, Cam Ward and Shedeur Sanders.
Cousins’ willingness to wait on a trade should work for his potential suitors. The Browns and the Giants can do their due diligence on Ward, Sanders, and even Jaxson Dart and let the draft play out. The Steelers are considered a “safe bet” to land Aaron Rodgers, but if that doesn’t work out, they could inquire about Cousins, according to Breer. However, Pittsburgh may want to see if a top quarterback falls within range of a trade up from the 21st overall pick.
Cousins would only waive his no-trade clause prior to the draft if his new team commits to not using a first-round pick on quarterback, according to Breer. That condition may not be amenable to front offices in Cleveland and New York that are looking for a long-term franchise quarterback.
It’s possible that the Browns look at a talented roster besieged by injuries last year and decide that trading for Cousins and using the No. 3 pick on an impact receiver or edge rusher is enough to compete in the AFC North. That doesn’t seem likely for the Giants, who have more holes to fill on their roster. They have also signaled a desire to add another veteran and draft a quarterback in the first round, even after signing Jameis Winston.
Cousins’ approach does involve some risk. If the Browns, Giants, and Steelers all solidify their quarterback situations by the end of the draft, he may be left without any suitors headed into the summer. That would leave him stuck in Atlanta as Penix’s backup with a $27.5MM salary that could be a barrier to a trade.
The Falcons would already be absorbing $37.5MM in dead cap space ($12.5MM in 2025 and $25MM in 2026) if they moved Cousins. Eating some or all of his 2025 salary would push their costs to $90MM for just one year and 14 starts from Cousins, a position Falcons owner Arthur Blank would prefer to avoid, according to Breer.
That will, of course, impact how much draft compensation teams will give up to acquire Cousins. A trade out of Atlanta to a team with a starting job available remains his desired outcome, but it seems other dominoes will have to fall first.