Kyle Pitts News: Agrees to three-year extension

Pitts and the Falcons agreed to terms Tuesday on a three-year, $54 million contract extension, Adam Schefter of ESPN reports.

Atlanta extended Pitts a franchise tender earlier this offseason, but both sides have agreed to terms on a multi-year deal that includes $36 million fully guaranteed. Per Schefter, Pitts' annual average salary makes him the third-highest paid tight end in the league behind George Kittle (Achilles) and Trey McBride. The Falcons also signed Drake London (undisclosed) to a massive four-year contract in early June, while Bijan Robinson remains a candidate for a new deal after the team exercised the fifth-year option on his rookie deal. Pitts produced an 88-928-5 line (118 targets) in 17 regular-season games last year and will look to build chemistry with quarterbacks Michael Penix (ACL) and Tua Tagovailoa this offseason.