Falcons insider estimates terms of new deal for Drake London

Now that the 2026 NFL Draft is over, the next order of business for the Atlanta Falcons front office will be locking up some of their top assets with long-term deals.

At the top of the list is star wide receiver Drake London, who's currently scheduled to play out the 2026 season under his fifth-year option, which will cost the team just under $17 million.

The Falcons can cut into that number and create some cap space by signing London to a new contract, though. According to Over the Cap, Atlanta can save up to $12.5 million by extending him.

So, how much will a London extension cost the Falcons? According to Josh Kendall at The Athletic, London's deal will likely echo that of New York Jets receiver Garrett Wilson, which came in at four years and $130 million. The devil is of course in the details, though - especially guaranteed money.

"Wilson signed a four-year, $130 million deal last summer. If I were to guess at London’s new deal, I’d guess four years for $135 million, but the real number to watch will be the fully guaranteed money. Wilson’s total of $38.3 million fully guaranteed ranks just 15th among wide receivers in the league, according to Overthecap.com."

So far London has lived up to expectations since Atlanta picked him in the first round of the 2022 NFL Draft. In 62 career games he's totaled 309 catches, 3,961 yards and 22 touchdowns. He missed five games with a PCL strain last season but has had no major injuries so far. London still managed to post 919 yards and seven touchdowns.