The Falcons have signed receiver Drake London to a long-term deal. The new-money APY comes in at $35.27 million, putting him ahead of Justin Jefferson for third on the list of highest-paid receivers.<\/p>\n
The details have arrived. Here are the full details of the Drake London deal, per a source with knowledge of the terms.<\/p>\n
1. Signing bonus: $33.656 million.<\/p>\n
2. 2026 base salary: $1.215 million, fully guaranteed.<\/p>\n
3. 2027 option bonus: $16.49 million, fully guaranteed.<\/p>\n
4. 2027 offseason workout bonus: $250,000, fully guaranteed (but must be earned).<\/p>\n
5. 2027 base salary: $1.26 million, fully guaranteed.<\/p>\n
6. 2028 option bonus: $34.445 million, guaranteed for injury at signing and fully guaranteed as of the third day of the 2027 league year.<\/p>\n
7. 2028 offseason workout bonus: $250,000, guaranteed for injury at signing and fully guaranteed as of the third day of the 2027 league year (but must be earned).<\/p>\n
8. 2028 base salary: $1.305 million, guaranteed for injury at signing and fully guaranteed as of the third day of the 2027 league year.<\/p>\n
9. 2029 option bonus: $29.615 million, guaranteed for injury at signing and fully guaranteed as of the third day of the 2028 league year.<\/p>\n
10. 2029 offseason workout bonus: $250,000.<\/p>\n
11. 2029 base salary: $2.635 million.<\/p>\n
12. 2029 per-game roster bonus: $1 million total ($58,823 per game).<\/p>\n
13. 2030 90-man roster bonus: $2 million, due on the third day of the 2030 league year.<\/p>\n
14. 2030 option bonus: $23.1 million.<\/p>\n
15. 2030 offseason workout bonus: $250,000.<\/p>\n
16. 2030 base salary: $9.15 million.<\/p>\n
17. 2030 per-game roster bonus: $1 million total ($58,823 per game).<\/p>\n
The deal includes two separate escalators for 2029 and 2030. <\/p>\n
In 2029, London\u2019s base salary will increase by $2.1 million if he has 225 catches or 3,000 receiving yards or 24 touchdowns from 2026 through 2028. <\/p>\n
The 2030 base salary will increase by $900,000 with 300 catches or 4,000 receiving yards or 32 touchdowns from 2026 through 2029.<\/p>\n
In 2029, the base salary increases by $1 million for each prior season from 2026 through 2028 of 110 catches or 1,200 receiving yards or 10 touchdowns or first-team All-Pro or second-team All-Pro or 80-percent playing time plus a Super Bowl win \u2014 with a maximum increase of $3 million. <\/p>\n
In 2030, the base salary increases by $1 million for each prior season from 2026 through 2029 of 110 catches or 1,200 receiving yards or 10 touchdowns or first-team All-Pro or second-team All-Pro or 80-percent playing time plus a Super Bowl win \u2014 with a maximum increase of $3 million.<\/p>\n
London had been under contract for 2026, at a fifth-year option of $16.82 million. He now has a five-year deal with a total base value of $157.88 million. The four new years, at $141.06 million, have a new-money average of $35.26 million.<\/p>\n
With escalators, London can make another $9 million, pushing the new money to $150.06 million.<\/p>\n
The first two years are fully guaranteed at signing, and the third year becomes fully guaranteed in year two, with another $11 million in full guarantees for year four, which vest in year three.<\/p>\n
Given that London, in four seasons, has one 1,000-yard season and no Pro Bowls, it\u2019s a very good deal for a player on whom the new regime is clearly counting to do big things.<\/p>\n","protected":false},"excerpt":{"rendered":"The Falcons have signed receiver Drake London to a long-term deal. The new-money APY comes in at $35.27…\n","protected":false},"author":2,"featured_media":728951,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[559],"tags":[64,63,593,85],"class_list":["post-728950","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nfl","tag-au","tag-australia","tag-nfl","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/728950","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=728950"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/728950\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/728951"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=728950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=728950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=728950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}