The Falcons have reached an agreement on a new contract with tight end Kyle Pitts.
Pitts is set to sign a three-year, $54 million deal with Atlanta that includes $36 million guaranteed.
Pitts, the No. 4 overall pick of the 2021 draft, was previously set to make just over $15 million on the franchise tender after Atlanta tagged him earlier this offseason.
He will now become one of the highest-paid players at tight end in terms of average annual value, with only George Kittle and Trey McBride eclipsing Pitts’ $18 million per year.
Additionally, George Pickens is now set to be the only franchise-tagged player to play on the franchise tender in 2026.
Pitts, 25, caught 88 passes for 928 yards with five touchdowns in 2025 — his best season since his rookie year back in 2021.
In 78 career games with 72 starts, Pitts has registered 284 catches for 3,579 yards with 15 touchdowns.
The Falcons now can turn their attention to Bijan Robinson for the running back’s second contract, as he became extension eligible following the conclusion of the 2025 season. But Robinson is under contract for two more seasons after the Falcons picked up his fifth-year option in the spring.