What happened: The Atlanta Falcons and tight end Kyle Pitts have agreed to a three-year, $54 million contract. Pitts will forgo the $15 million franchise tag, and the deal includes $36 million fully guaranteed over the next two seasons. It was negotiated by David Mulugheta and Andre Odom of Athletes First.
Why it matters: The agreement removes the uncertainty of a one-year tag and commits Atlanta to its tight end through the upcoming 2026 season and beyond. It follows a four-year, $141.05 million extension for wide receiver Drake London, signaling the Falcons are paying to keep their young pass-catching core intact.
By the numbers: Terms: 3 years, $54M total, $36M fully guaranteed across the next two seasons, in place of the $15M franchise tag. Comes alongside Drake London's reported 4-year, $141.05M extension completed the same window.
What to watch: Attention now turns to running back Bijan Robinson, the next core Falcon in line for a long-term deal.