Kyle Pitts signs 3-year, $54M extension with Falcons
By FF Beacon
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Updated
Kyle Pitts signs the largest 3-year TE contract in NFL history
Kyle Pitts, TE, Atlanta Falcons, officially signed a 3-year, $54 million extension, per Adam Schefter. The contract averages $18 million per year and includes $36 million fully guaranteed, making it the largest 3-year contract ever given to a tight end. Pitts is now the third-highest-paid tight end in the NFL.
For fantasy managers, this removes any trade or departure speculation. Pitts is locked into Atlanta's offense through 2026 and beyond.
He finally delivered on the hype in 2025
After finishing as the TE22, TE18, and TE22 in fantasy points per game across 2022-2024, Pitts broke through last season. He finished as the overall TE2 in half-point PPR with 88 receptions, 928 yards, and 5 touchdowns on 118 targets across 17 games. His PFF receiving grade of 82.0 ranked sixth among qualified tight ends. His best game came in Week 15 against the Buccaneers: 11 catches, 166 yards, 3 touchdowns.
Three straight down years followed by a career high across every major stat is not a fluke line.
What does the 2026 outlook actually look like?
The positives are genuine. Kevin Stefanski takes over as head coach and has a track record of targeting tight ends heavily in Cleveland. Drake London also signed a long-term extension, giving Atlanta a two-headed passing attack that defenses have to account for. During stretches without London in 2025, Pitts' target share extrapolated to elite TE1 numbers.
The risk is the quarterback room. Tua Tagovailoa and Michael Penix Jr. are competing for the starting job, with Penix recovering from his third torn ACL. Who starts and how healthy they stay will shape Pitts' ceiling more than anything else.
Where to value him on your roster
Consensus sits Pitts around TE8 heading into 2026. That range feels conservative if Stefanski leans on him the way he used tight ends in Cleveland and the QB situation settles. Target him there and treat any further discount as upside for a second straight TE1 finish.