Wide receiver Drake London has reached agreement with the Atlanta Falcons on a four-year contract extension valued at $141 million with $100 million in guaranteed money, according to an ESPN report Tuesday that cited London’s agent.
The contract gives London an annual average of $35.25 million, making him the third highest-paid wide receiver in the league. Only Seattle’s Jaxon Smith-Njigba at $42.15 million and Cincinnati’s Ja’Marr Chase at $40.25 million earn more per year. London’s deal also represents the largest average annual salary in Atlanta franchise history, ESPN reported. Smith-Njigba inked his extension with the Super Bowl champion Seahawks during the earlier portion of this offseason.
Atlanta selected London with the eighth pick in the 2022 NFL Draft, and he became an instant contributor in the starting lineup. London topped the team in receiving yards during each of his initial three campaigns before tight end Kyle Pitts edged him by a mere nine yards in 2025, though London appeared in five fewer contests.
Across 62 career appearances (60 as a starter), the 24-year-old London has recorded 309 catches for 3,961 yards and 22 touchdowns while wearing an Atlanta uniform. His most productive campaign came in 2024, when he participated in all 17 games and established personal bests with 100 receptions, 1,271 yards and nine touchdowns.
London will compete during the 2026 season under his fifth-year rookie option valued at $16.82 million. The new extension will then carry him through the 2030 season.
The Falcons are beginning a fresh chapter this year under head coach Kevin Stefanski and with franchise icon and former quarterback Matt Ryan assuming a newly established position as president of football. Tua Tagovailoa was acquired to battle Michael Penix Jr. for the starting quarterback position.
