Falcons, Drake London agree to four-year, $141 million deal

Atlanta Falcons wide receiver Drake London agreed to a four-year, $141 million contract with $100 million guaranteed, according to ESPN. The deal can reach $150 million with incentives.

At $35.25 million per year, London would rank as the NFL's third-highest-paid receiver. Only Seattle Seahawks receiver Jaxon Smith-Njigba, who signed a $168.8 million extension, and Cincinnati Bengals receiver Ja'Marr Chase, who agreed to a $161 million deal in March 2025, would earn more.

London, 24, was the Falcons' first-round pick in the 2022 NFL Draft out of USC. He has 309 receptions for 3,961 yards and 22 touchdowns in four seasons.

The Falcons will not play out London's fifth-year option. The team already exercised running back Bijan Robinson's fifth-year option for the 2027 season.

Robinson led the league with 2,298 scrimmage yards last season, including 1,478 rushing and 820 receiving, and earned his first All-Pro selection. Philadelphia Eagles running back Saquon Barkley is the highest-paid running back at $20.6 million per year.

The Falcons face a decision at quarterback ahead of the 2026 season. Michael Penix Jr., who partially tore his left ACL last season, remains on the roster. The team signed former Miami Dolphins quarterback Tua Tagovailoa to compete with Penix in training camp.

London's best season came in 2024, when he caught 100 of 158 targets for 1,271 yards and nine touchdowns from Kirk Cousins. Penix started Week 1 before his injury forced Cousins back into the lineup.

The Falcons have cycled through quarterbacks since London entered the league, including Desmond Ridder, Taylor Heinecke and Marcus Mariota, before Cousins signed a three-year deal. A new front office led by president of football operations Matt Ryan is working to keep the team's young core intact.