Jerry, 29, had his rookie contract expire after last season, but the Falcons re-signed him after he posted career-best numbers in tackles and sacks, with 33 and 3.5, respectively.
Jerry sprained his knee in the Falcons' final game of the 2013 season and was reportedly still recovering in January. He also suffered a knee injury his rookie season.
Over his five-year career, Jerry posted 67 tackles and 5.5 sacks.
He was drafted out of Ole Miss in 2009 after being named an AP First-Team All-American as a senior.
Former falcons first-round pick DT Peria Jerry has decided to retire — Jay Glazer (@JayGlazer) July 31, 2014
- Evan Webeck