Can the Falcons accept trade? Who gets Ryan?

I am curious to the cap gurus. What would happen if right now a trade was executed and Watson went to Atlanta?

1. How much over the cap would this put them?

2. What would be the penalty if they accepted the trade expecting to backload Watsons contract and then unload Matt Ryan but then being unsuccessful in unloading him. (Cutting him adds 50M to the cap so the cant do that either) Im pretty sure they can’t just go into the season over the cap like this. What would actually happen?

So looking at this I’m guessing that the answer to number 2 would be that they would have to gut a lot of their team before the season and pick up no name players to fill it in that cost like $1M per year??

So it seems that at this point in time it is physically impossible for Watson to be traded to the Falcons, which is his first choice.

It looks to me that the Falcons must trade Matt Ryan and if they cant do it it’s impossible to trade for Watson. Watson grew up rivaling Saints but he realizes that if either the Falcons can’t unload Ryan or if they have to give up significant players to unload him then he will have to come here as his second option because it is his next best choice.