The Atlanta Falcons signed wide receiver Drake London to a four-year, $141 million contract extension on Monday, June 8, 2026, in Flowery Branch, Georgia.
The deal secures the former first-round draft pick through the 2030 NFL season.
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According to contract details reported by nbcsports.
com, the total base value reaches $157.88 million, including London's existing 2026 fifth-year option of $16.82 million.
The new money average of $35.26 million per year positions London as the third-highest-paid wide receiver in the NFL based on average annual value.
The agreement includes a $33.656 million signing bonus and $100 million in total guarantees, with the first two years fully guaranteed at signing.
Performance escalators can add another $9 million to the contract value based on specific catch, yardage, touchdown, and playing-time milestones achieved between 2026 and 2030.
The extension represents the first major roster move under first-year Falcons general manager Ian Cunningham and first-year president of football Matt Ryan.
London has accumulated 309 receptions for 3,961 yards and 22 touchdowns since entering the league as the eighth overall pick in the 2022 NFL Draft.
"I know that’s a lot of money," said London, according to nytimes. com.
"The numbers are public, and everybody can see what you’re making and has an opinion on that stuff, so obviously there is a natural weight, but that’s just what comes with this sport."
"Obviously, I’m blessed to have that weight on my back right now. Now, I have to level up in every single way and every category."