The Falcons and WR Drake London agreed to a four-year, $141 million extension with $100 million guaranteed. The $35.25 million average annual salary makes London the league's third-highest paid WR, behind only Jaxon Smith-Njigba and Ja'Marr Chase. London is now signed with Atlanta through the 2030 season.
2026 Fantasy Football Impact
It's a well-deserved contract for London, who's been awesome since arriving as the eighth overall pick of the 2022 draft.
He's been a volume hog, posting a 28+% target share in three of four seasons. The one he didn't, 2023, saw HC Arthur Smith get fired. (Potentially related!)
London followed a WR13 finish in PPR points per game in 2024 with a career-best WR8 finish last year. And he was even better before a Week 11 knee injury. In nine games before the injury, London:
- Averaged 6.7 catches, 90 yards, and 0.7 TDs per game
- Ranked third among WRs in PPR points per game
For more on London's 2026 outlook, check out our full Falcons fantasy preview.
Dynasty Impact
The Falcons' unsettled QB situation is a slight concern for London's longer-term dynasty value.
But new HC Kevin Stefanski brings a nice resume to Atlanta. And, most importantly, this lucrative contract extension all but guarantees that London will play a massive role in the offense going forward.
London checks in at WR8 and 13th overall in our updated dynasty rankings.