Kyle Pitts' new contract makes historic 2021 draft class even richer

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The Atlanta Falcons have handed out their second big contract of the offseason, agreeing to terms with Kyle Pitts on a three-year, $54 million extension to keep the tight end in Atlanta through the 2028 NFL season.

Pitts' new deal reportedly includes $36 million in fully guaranteed money, and will make him the third-highest paid tight end in the NFL at $18 million per season. Only San Francisco 49ers tight end George Kittle ($19.1 million) and Arizona Cardinals tight end Trey McBride ($19 million) will earn more than Pitts in terms of yearly average.

The 25-year-old has had his share of ups and downs since being selected fourth overall in the 2021 NFL Draft, however, he posted a career-high 88 catches last season and led the team with 928 receiving yards. Pitts' draft class has been among the lucrative in NFL history.

Pitts is now the 12th player selected in the first round of the 2021 draft to earn a monster second contract. Per NFL insider Ari Meirov, the Falcons tight end's new deal brings the total career earnings of the 12 players to over $1.3 billion.

"Of the top 15 picks in the 2021 NFL Draft, 12 have cashed in on lucrative second contracts worth a combined $1.33 BILLION," Meirov posted on social media. "The only top-15 picks from that draft who have not received large second contracts are all QBs: Zach Wilson, Trey Lance, and Mac Jones."

Of the top 15 picks in the 2021 NFL Draft, 12 have cashed in on lucrative second contracts worth a combined $1.33 BILLION.

#1 Trevor Lawrence: $275M
#4 Kyle Pitts: $54M
#5 Ja’Marr Chase: $161M
#6 Jaylen Waddle: $84.75M
#7 Penei Sewell: $112M
#8 Jaycee Horn: $100M… https://t.co/LLWU4vcvta

— Ari Meirov (@MySportsUpdate) June 23, 2026
  • Pick 1: Trevor Lawrence: $275M
  • Pick 4: Kyle Pitts: $54M
  • Pick 5: Ja’Marr Chase: $161M
  • Pick 6: Jaylen Waddle: $84.75M
  • Pick 7: Penei Sewell: $112M
  • Pick 8: Jaycee Horn: $100M
  • Pick 9: Patrick Surtain II: $96M
  • Pick 10: DeVonta Smith: $75M
  • Pick 11: Justin Fields: $40M
  • Pick 12: Micah Parsons: $186M
  • Pick 13: Rashawn Slater: $114M
  • Pick 14: Alijah Vera-Tucker: $42M

As Falcons fans will remember, there were plenty of discussions on who to take leading up to this draft. While Pitts was the most popular projection, fans debated others, including wide receiver DeVonta Smith, WR Ja'Marr Chase, offensive lineman Penei Sewell and edge Micah Parsons.

Pitts topped 1,000 yards as a rookie, but he struggled to produce once the team traded quarterback and current president of football Matt Ryan to the Indianapolis Colts in 2022. Ryan has now helped Pitts secure three more years in Atlanta.

Over his first five NFL seasons, Pitts has recorded 284 catches for 3,579 yards and 15 touchdowns for the Falcons. He will look to add to those numbers in 2026.

This article originally appeared on Falcons Wire: Kyle Pitts is latest 2021 draft class member to get 2nd contract

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