Falcons and Drake London reach a massive $141 million extension

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The Atlanta Falcons have just made wide receiver Drake London one of the highest-paid players in franchise history.

ESPN insider Adam Schefter reported that the Falcons and Drake London have agreed to a four-year, $141 million deal, worth up to $150 million with $100 million guaranteed. The $150 million can be reached if London hits the incentives within it.

Falcons are signing WR Drake London to a four-year, $141 million extension worth up to $150 million, including $100 million guaranteed, per his agent Andrew Kessler. It makes London the third highest paid receiver in the league with the highest average per year in Falcons… https://t.co/JayLqVcJQ7

— Adam Schefter (@AdamSchefter) June 2, 2026

The deal will make London the third-highest-paid receiver in the NFL and the highest-ever average per year for the Atlanta Falcons.

The $35.25 million average annual value of London's new deal makes him the NFL's third-highest-paid receiver behind the Seattle Seahawks' Jaxon Smith-Njigba ($42.15 million) and the Cincinnati Bengals' Ja'Marr Chase ($40.25 million).

Highest paid receivers in the NFL on a per-year basis:

Jaxon Smith-Njigba: $42.15M
Ja’Marr Chase: $40.25M
Drake London: $35.25M
Justin Jefferson: $35M
CeeDee Lamb: $34M pic.twitter.com/zMklahdL3o

— Adam Schefter (@AdamSchefter) June 2, 2026

The Falcons will now look to extend other top players, as they have already picked up Bijan Robinson's fifth-year option in April and franchise-tagged Kyle Pitts for 2026.

London will play the 2026 season under the fifth-year option of his rookie deal, which is worth $16.8 million this season.

This article originally appeared on Touchdown Wire: Falcons and Drake London reach a massive $141 million extension

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