Pro Football Rumors
JUNE 12: London’s deal is now official, and it includes $83.2MM in new guarantees (h/t Over the Cap). Of that figure, $52.87MM is fully locked in at signing. London will collect a signing bonus of $33.65MM, and his salaries for this season and next are guaranteed in full.
If London remains on Atlanta’s roster for the fourth day of the 2027 league year, his 2028 salary ($36MM) will vest. That rolling guarantee applies to the following year as well. This deal contains multiple option bonuses as well as escalators totaling the $9MM difference between its base and maximum value. London will collect a $2MM roster bonus if he is still in the fold by the third day of the 2030 league year.
JUNE 2: The Falcons have locked in their top receiver for the foreseeable future. According to NFL Network’s Ian Rapoport, the team has signed Drake London to a four-year extension.
ESPN’s Adam Schefter has the numbers. London’s four-year deal is worth $141MM and could reach $150MM via incentives. London will also earn $100MM in guaranteed money. That $35.25MM average annual salary is the highest in Falcons franchise history.
From a positional standpoint, London’s AAV will rank third behind Jaxon Smith-Njigba ($42.15MM) and Ja’Marr Chase ($40.25MM) and just ahead of Justin Jefferson ($35MM). The $141MM in total value also trails JSN and Chase and barely tops Jefferson’s $140MM. The $100MM in guaranteed money will rank behind all three of those aforementioned WRs and ties CeeDee Lamb for fourth at the position.
The eighth-overall pick in the 2022 draft, it took London a bit to emerge as a top-tier WR. Through his first two seasons, he averaged 70 catches for 885 yards and three touchdowns per season. However, he took his play to another level while receiving passes from Kirk Cousins in 2024. London finished that campaign with 100 catches for 1,271 yards and nine touchdowns. Despite that standout campaign, he didn’t agree to an extension with the Falcons last offseason, even as his fellow 2022 draftee Garrett Wilson received a lucrative new contract from the Jets.
London increase his yards-per-game mark to a career-high 76.6 in 2025. Since he was limited to only 12 games, his counting stats suffered as a result, with the 24-year-old finishing with 68 catches for 919 yards and seven touchdowns. Pro Football Focus still graded London as the league’s fifth-best WR.
This extension means the Falcons can count on some offensive continuity in the coming seasons. The team is currently navigating a QB competition between Michael Penix and Tua Tagovailoa, and that duo will be throwing to a revamped WR depth chart that includes new addition Jahan Dotson and old friend Olamide Zaccheaus. This extension assures London will be present throughout crucial offseason practices.
The Falcons will now turn their attention their other offensive star, as running back Bijan Robinson is also eligible for an extension. NFL Network’s Mike Garafolo notes that it was a goal of the front office to extend their two...
