
The Rip (2026) is a gritty, high-stakes tactical crime action-thriller directed and co-written by Joe Carnahan (Narc, Smokin’ Aces, The Grey). Developed by Artists Equity—the production company co-founded by Matt Damon and Ben Affleck—the film marks the high-profile onscreen reunion of the Oscar-winning duo in a hard-hitting tactical narcotics thriller.
Inspired by true events involving tactical police operations in South Florida, the film tells the story of a Miami tactical narcotics team whose internal trust completely dissolves after discovering millions of dollars in untraceable cartel cash.
Title: The Rip (2026)
Director: Joe Carnahan
Writers: Joe Carnahan, Michael McGrale
Production Company: Artists Equity
Global Release Date: January 16, 2026 (Netflix)
Runtime: 1 hour 53 minutes
Genre: Action, Crime Thriller, Tactical Drama
Rating: Rated R (Pervasive violence, strong language, intense thriller elements)
Matt Damon as Lieutenant Dane Dumars – The tactical squad commander caught between upholding departmental oath and protecting his unit.
Ben Affleck as Detective Sergeant J.D. Byrne – Dumars’ battle-tested partner whose loyalty is pushed to the breaking point under financial pressure.
Steven Yeun as Detective Mike Ro – A vigilant detective within the narcotics unit watching the team dynamic turn toxic.
Teyana Taylor as Detective Numa Baptiste – A key tactical operator standing ground as internal paranoia mounts.
Sasha Calle as Desiree “Desi” Lopez Molina – An informant whose tip leads the squad into the heart of the cartel cash vault.
Scott Adkins as FBI Agent Del Byrne – Federal oversight bringing outside pressure onto the tactical squad.
Kyle Chandler as DEA Agent Mateo “Matty” Nix – A federal agent with alternative motives regarding the raid’s outcome.
The narrative begins in Miami, where Lieutenant Dane Dumars (Matt Damon) and Detective Sergeant J.D. Byrne (Ben Affleck) lead a battle-tested Miami-Dade tactical narcotics squad. Acting on a high-leverage tip, the team raids a run-down, seemingly abandoned suburban stash house.
Expecting a routine seizure, the squad instead tears through hidden walls to discover over $20 million in cartel drug money crammed into storage containers. As word leaks to outside agencies—including the DEA and rival cartel operatives—the police force goes into lockdown. Trapped inside the house while waiting for official processing transport, greed and paranoia infect the unit. The squad turns against each other as suspicion arises over who plans to pocket a portion of the score.
In the violent third act, DEA Agent Matty Nix (Kyle Chandler) attempts a covert betrayal to seize the cash for federal black-budget operations. J.D. Byrne (Ben Affleck) is forced to shoot Nix to protect the team.
However, the team’s true masterstroke is revealed: Byrne and Dumars had secretly swapped out the real cartel cash with stockpiles of discarded telephone books hoarded in the house. Having turned in the legitimate money through official channels to stay clean, they secure an official 20% informant reward for Desiree (Sasha Calle), ensuring the operation remains legally sound while protecting the squad from internal corruption.
Damon & Affleck’s Onscreen Dynamic: The iconic real-life friendship brings authentic weight to a story centered on frayed brotherhood and tactical trust.
Joe Carnahan’s Hard-Boiled Direction: Drawing stylistic inspiration from 1970s and 1990s crime classics like Heat and Prince of the City, the film emphasizes practical action and claustrophobic tension over heavy CGI.
Innovative Industry Performance Bonuses: Produced under Damon and Affleck’s Artists Equity banner, the film made headlines for offering performance-based backend bonuses to crew members based on streaming metrics
Beyond its story, The Rip represents a major shift in Hollywood film financing through Artists Equity, the independent studio founded by Matt Damon and Ben Affleck.
Profit-Sharing Model: Unlike traditional streaming deals where talent receives a flat upfront buyout, Artists Equity implemented a performance-driven bonus structure.
Backend Payouts for Crew: Crew members—from camera operators to sound designers—received backend bonuses tied to global streaming viewership milestones on Netflix.
Streamlined Budgeting: By shooting on location in Miami with tight tactical sets, the production capped expenses at under $50 million while maintaining the visual polish of a $100+ million studio blockbusters.