Peter Konz (knee) injury settlement gets Falcons to 75-man limit

FLOWERY BRANCH, Ga. -- The Atlanta Falcons reached an injury settlement with center/guard and former second-round draft pick Peter Konz, the final move to get the roster down to the 75-man limit by Tuesday's 4 p.m. ET deadline.

Konz, who tore the ACL in his knee during last year's 29-7 loss to the Baltimore Ravens in Week 7, underwent another knee procedure a few weeks back after feeling discomfort. He was in the final year of his contract and set to make a base salary of $879,354 this season. His cap figure was $1,141,827.

Here's a complete look at the transactions:

Most significant move: Definitely Konz. He was one of two players remaining from the team's 2012 draft class (along with third-rounder Lamar Holmes, who is on the PUP list), and Konz was the first pick of that class because the Falcons traded their first-rounder in the 2011 Julio Jones deal. Konz started 28 of 39 games played in three seasons with the Falcons but lost his starting job several times, including to current starting center Joe Hawley. Konz never played with great strength and got pushed around too often. Remember, he completed just 18 bench-press reps in the NFL combine coming out of Wisconsin, which was probably a good indication of what was to come.

What's next? The Falcons have to cut from 75 to the roster limit of 53 by Saturday at 4 p.m. ET. Draft picks such as cornerback Dezmen Southward (3rd round), Stansly Maponga (5th round), Cliff Matthews (7th round) and Tyler Starr (7th round) are on the roster bubble, while the quarterback battle will depend on how veteran Rex Grossman fares in his first action against the Ravens in Thursday's preseason finale. If Grossman plays well, the Falcons will have to decide what to do with T.J. Yates or Sean Renfree, with Grossman likely getting the nod as the backup behind Matt Ryan. Renfree remains eligible for the practice squad.

Falcons' cuts: LB Boris Anyama, WR Marquez Clark, RB Michael Ford, WR John Harris, DT Warren Herring, NT Derrick Hopkins, OT Matt Huffer, CB Michael Lee, G Eric Lefeld, DE Sam Meredith, C Valerian Ume-Ezeoke, CB Jonathon Mincy, TE Mickey Shuler.

Other moves: Placed OT Lamar Holmes (foot) on physically unable to perform list; reached injury settlement with C/G Peter Konz (knee).