The Atlanta Falcons secured wide receiver Drake London on Tuesday with a four-year extension worth up to $150 million, according to reports.
The move locks London in long-term before he could enter the final year of his rookie contract.
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The agreement includes a guaranteed sum of $100 million, establishing London as the player with the highest average yearly salary in Falcons franchise history.
Contract Details Revealed
NFL reporter Adam Schefter detailed the specifics, stating the extension is worth $141 million base with potential to reach $150 million.
London's agent, Andrew Kessler, confirmed the terms.
The deal makes London the third highest-paid receiver in the league by average annual value.
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Online reactions have been mixed, with some fans surprised given London has not yet recorded a 1,000-yard receiving season in his professional career.
Last season, London recorded 68 receptions for 919 yards and seven touchdowns on 112 targets, averaging 13.5 yards per reception.
The signing provides offensive stability under head coach Kevin Stefanski. Either Michael Penix Jr. or Tua Tagovailoa will be the starting quarterback this season.
The front office retained its primary wide receiver, who has led the passing attack for multiple seasons.
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This contract precedes future decisions on extensions for running back Bijan Robinson and tight end Kyle Pitts.