The Atlanta Falcons have agreed to a new contract with tight end Kyle Pitts, locking him in for three years at $54 million, according to Pitts’ agents, who shared the news with ESPN on Tuesday. The deal includes a reported $36 million in fully guaranteed money.
The agreement makes Pitts the third-highest-paid tight end in NFL history by average annual value, at $18 million per year. Only San Francisco 49ers star George Kittle, at $19.1 million per year, and Arizona Cardinals standout Trey McBride, at $19 million per year, rank above him.
The new contract extends through the 2028 season and takes the place of the $15.045 million franchise tag Atlanta had applied to Pitts earlier in the offseason. Both sides faced a July 15 deadline to finalize a long-term arrangement.
Pitts, who is 25 years old, earned second-team All-Pro honors last season after posting 928 receiving yards along with career-best marks of 88 receptions and five touchdown catches across 17 games.
The tight end first made his mark on the league as a rookie in 2021, earning a Pro Bowl selection after hauling in 68 catches for a career-high 1,026 yards and one touchdown.
Over five seasons in Atlanta, Pitts has accumulated 284 receptions for 3,579 yards and 15 touchdowns in 78 games, with 72 starts.
Pitts was selected fourth overall in the 2021 NFL Draft out of the University of Florida.
The Falcons have been busy securing their offensive weapons. Earlier this month, the team also signed receiver Drake London to a four-year, $141 million extension that runs through the 2030 season.
