Drake London signs record extension with Falcons impacting Chris Olave's future

Yahoo Sports1 min read • Latest: Jun 2, 2026, 11:27 PM

Last updated Jun 2, 2026

Drake London signs record extension with Falcons impacting Chris Olave's future
Summary

Drake London received a contract extension with the Atlanta Falcons worth up to $150 million, $100 million guaranteed. The deal may influence the New Orleans Saints' Chris Olave, who is also expected to seek a substantial contract. London's extension averages $35.25 million per year, placing him among the top wide receivers financially. Despite having played more games, Olave's per-game receiving statistics are slightly better than London's. The Saints possess about $48.95 million in salary cap space for 2027, which could accommodate Olave's extension, especially with past roster changes easing their salary commitments.

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Market Watch
  • Drake London signed a $141 million extension with the Falcons.
  • Chris Olave is likely to negotiate a comparable contract.
  • London averages $35.25 million per year with his new deal.
  • Olave has better per-game stats despite fewer total games played.
  • Saints have significant salary cap space for future roster investments.
Latest Updates
  • 11:27 PMYahoo SportsDrake London's huge extension is a big deal for Saints WR Chris Olave
What they're saying
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Drake London got a massive contract extension with the Falcons. Between performance and pedigree, Chris Olave and the Saints should do the same.

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