Tag: contract

ATL News / Sports

Falcons first round pick, Drake London, inks rookie contract

The Falcons didn’t have the cap space to sign their rookie class a month ago; OverTheCap estimated Atlanta would need around $7 million to sign their 2022 draft class with the pre-draft projection of $3.4 million cap space. However, things have changed.

First, the Falcons decided to cut ties with Mike Davis after selecting BYU running back Tyler Allgeier in the fifth round. The move created $2.5 million in cap space. Then, the Falcons and Grady Jarrett agreed to a lucrative three-year, $51 million contract extension that locked up one of the only pillars on the roster and simultaneously lowered his cap hit this year. Jarrett’s $12.9 million cap in 2022 saves the team $10.9 million.

As it stood after those moves, the Falcons sat with just under $16 million in cap space, according to OTC. And now, Terry Fontenot is inking those rookie deals.

The Falcons announced Thursday afternoon they’d come to an agreement with their first-round pick Drake London. Atlanta signed London to a four-year deal with the universal fifth-year option for every first-rounder worth a reported total value of $24.66 million, according to OverTheCap. London will carry a cap hit of $4.48 million in 2022.

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05May
ATL News / Sports

Falcons: Details of Grady Jarrett’s contract extension emerge

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04May
ATL News / Sports

Falcons 2022 salary cap update following Grady Jarrett contract extension

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19Apr
ATL News / Sports

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30Mar
ATL News / Sports

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27Mar
ATL News / Sports

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22Mar
ATL News / Sports

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22Mar
ATL News / Sports

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21Mar
ATL News / Sports

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18Mar
ATL News / Sports

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18Mar
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13Mar
ATL News / Sports

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01Mar
ATL News / Sports

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01Mar
ATL News / Sports

Falcons report: Grady Jarrett’s future in Atlanta seems secure, contract extension looming

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24Feb
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Would the Falcons let Cordarrelle Patterson walk in free agency over a $6 million APY contract?

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16Feb
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23Jan
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22Jan
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