What happened: The Atlanta Falcons officially signed wide receiver Drake London to a four-year extension worth $141 million, including $100 million in guaranteed money. The deal, which was finalized Monday, secures the former first-round pick through the 2030 season and can reach $150 million with performance incentives.

Why it matters: The extension cements London as the long-term WR1 for an offense featuring quarterbacks Tua Tagovailoa and Michael Penix Jr. By stabilizing their offensive core, Atlanta makes London the third highest-paid receiver in NFL history by average annual value, trailing only Ja'Marr Chase and Jaxon Smith-Njigba.

What to watch: London will play the 2026 season on his fifth-year option before the extension takes effect in 2027. Falcons veterans and rookies report to mandatory minicamp this week with their top playmaker's future secured.