Minutes after theNFL announced it was , the wide receiver took to social media to quickly react to the news.Ridley, 27, confirms that he bet on games, but claims he only bet $1500 and that he does not have a gambling problem.Ridley was placed on NFI list in October after stepping away from football due to personal i sues. The league released a statement on Ridley’s status Monday afternoon.”A league investigation uncovered no evidence indicating any inside information was used on any game compromised in any way,” The statement read. “no but is there evidence suggesting Stephen Piscotty Jersey any awarene s by coaches, staff, teammates, or players in his betting activity.”Ridley played in five games last season before leaving the organization to work on off-field concerns. According to Falcons’ general manager Terry Fontenot and coach Arthur Smith, the fifth-year receiver has stayed away from the facility since his departure in Week 6.When asked at the NFL Scouting Combine Rickey Henderson Jersey of his status, Fontenot said that the team remains at an impa se with his role in the organization moving into free agency. Atlanta picked up his fifth-year option prior to the start of the 2021 season.”It’s just not something that we can talk about at this point,” Fontenot . “I understand the frustration from everyone regarding (the situation). It’s just not something that we can talk about right now. At the appropriate time, we will share everything we can.”The Falcons released a statement on the actions taken against Catfish Hunter Jersey the receiver Monday afternoon.Scroll to Continue”We were first made aware of the league’s investigation on Feb. 9. We have cooperated fully with the investigation since receiving notice and support the league’s findings and actions,” The team wrote per . “We are moving forward in the 2022 season with the decision that was made. With the decision that was made by the NFL, any further questions on the investigation should be directed to the league office.”Ridley may apply for reinstatement to the league starting on Feb. 15, 2023. He also has a right to appeal the suspension.In four years with the Falcons, Ridley has recorded 248 receptions for 3,342 yards and 28 touchdowns. If the team were to free themselves of the final year of his contract, Atlanta would save $11.1 million in cap space.NFL commi sioner Roger Goodell also wrote in a letter notifying Ridley of his suspension:”For decades, gambling on NFL games has been considered among the most significant violations of league policy warranting the most substantial sanction. In your case, I acknowledge and commend you for your promptly reporting for an interview, and for admitting your actions.”In recent mock drafts, the Falcons have found themselves landing another receiver with the No. 8 pick. Early favorites for Atlanta in the first round include Ohio State’s and Chris Olave, USC’s Drake London and Arkansas’ . Stay up to date with FalconReport.com for everything surrounding Ridley and his status with the organization Mark McGwire Jersey moving forward.