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Falcons Give Drake London $141M Extension, Highest-Paid Receiver

6/4/2026

Summary

Drake London Extension

The Atlanta Falcons signed wide receiver Drake London to a four-year, $141 million extension on Tuesday.
The $141 million contract guarantees $100 million and pays London $35.25 million annually, making him the third-highest-paid receiver and the highest-paid Falcon.
London posted 1,271 yards, nine touchdowns and 100 catches in 2024 and 919 yards, seven touchdowns with 68 catches in 2025.
The Falcons held $19.7 million top-51 cap space and exercised a $16.817 million fifth-year option for 2026.

Summary

London Extension Push

The front office, led by GM Ian Cunningham and president Matt Ryan, put London’s extension at the top of the offseason agenda.
The team will negotiate an extension for Bijan Robinson that could make him the league’s highest-paid running back.
Kyle Pitts is on the franchise tag with a July 15 deadline for a long-term contract.
Releasing quarterback Kirk Cousins before June 1 freed cap space that funded London’s $100 million guaranteed contract.

Summary

London Extension Secured

The Falcons gave Drake London an extension that secures a target for the quarterback—Desmond Ridder, Kirk Cousins, Marcus Mariota, Taylor Heinicke, Tua Tagovailoa, or Michael Penix Jr.—wins the 2026 starting job.
London has consistently produced with those six quarterbacks, stabilizing the Falcons.
Atlanta’s front office says the extension preserves cap flexibility for a quarterback contract, potentially influencing the decision to pursue a veteran starter or continue developing Michael Penix Jr.

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Drake London Extension

The Atlanta Falcons signed wide receiver Drake London to a four-year, $141 million extension on Tuesday.
The $141 million contract guarantees $100 million and pays London $35.25 million annually, making him the third-highest-paid receiver and the highest-paid Falcon.
London posted 1,271 yards, nine touchdowns and 100 catches in 2024 and 919 yards, seven touchdowns with 68 catches in 2025.
The Falcons held $19.7 million top-51 cap space and exercised a $16.817 million fifth-year option for 2026.

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