Updated June 14, 2026, 1:11 p.m. ET

The Atlanta Falcons just signed Drake London to a four-year, $141 million contract extension to remain with the team through 2030. While it’s a major investment, London’s new deal is in line with other top wide receivers around the NFL.

The Falcons will pay London around $35.25 million per season over the life of his extension, which ranks third in the league among receivers. However, that money will spread out over the next several years.

According to Over The Cap‘s projections, the deal includes four voided years (2031-2034). This will keep the former top-10 pick’s cap number fairly reasonable for the next two years. London’s cap hit in 2026 dropped from $16,817,000 down to $7,946,200 after signing his extension.

Even though London is set to earn big money down the line, he will have just the seventh highest cap hit on the team this season. Here’s a look at the Falcons’ top 25 salary cap hits in 2026.

Falcons salary cap: 25 highest cap hits in 2026Chris Lindstrom: $26,250,000Jessie Bates: $24,770,000Jake Matthews: $16,773,714Kyle Pitts: $15,045,000A.J. Terrell: $13,500,000Divine Deablo: $8,920,000Drake London: $7,946,200Bijan Robinson: $6,986,810Michael Penix Jr.: $6,240,719Ryan Neuzil: $6,225,000Charlie Woerner: $5,750,000Mike Hughes: $5,466,666Jahan Dotson: $5,000,000Matthew Bergeron: $4,806,451Jalon Walker: $4,673,266Jawaan Taylor: $4,625,000Clark Phillips: $3,867,383James Pearce: $3,813,360Nick Folk: $3,260,000Kyle Hinton: $3,250,000Austin Hooper: $3,220,000Cameron Thomas: $3,095,000Da’Shawn Hand: $3,000,000LaCale London: $2,691,177Christian Harris: $2,660,000Expert NFL picks: Exclusive betting insights only at USA TODAY.

Offensive lineman Chris Lindstrom and safety Jessie Bates III are each set to earn over $24 million this season. Left tackle Jake Matthews ($16.7 million), tight end Kyle Pitts ($15 million), and cornerback A.J. Terrell ($13.5 million), round out the top five cap hits in 2026.

According to Over the Cap, the Falcons have $27.6 million in cap space available. While we wouldn’t expect any major moves before training camp next month, general manager Ian Cunningham has at least given the team the option to do so.