Heinicke is poised to drop to No. 3 on Atlanta's depth chart with the team slated to sign Kirk Cousins (Achilles), Michael Rothstein of ESPN reports.
Cutting Heinicke would save the Falcons roughly $7 million against the cap, with just $2 million in dead money, a move that seems like a no-brainer in the wake of Cousins' signing. Even if Atlanta is concerned about its new franchise quarterback's Week 1 availability, the team still has Desmond Ridder under contract on his affordable rookie deal. Heinicke finished 2023 as the starter over Ridder, but both signal-callers were ultimately unimpressive. The Falcons will avoid paying Heinicke a $1.3 million roster bonus if he's cut or traded prior to March 17.