Drake London

2026 NFL Fifth-Year Option Tracker

NFL teams have until May 1 to officially pick up fifth-year options on 2022 first-rounders. The 2020 CBA revamped the option structure and made them fully guaranteed, rather than guaranteed for injury only. Meanwhile, fifth-year option salaries are now determined by a blend of performance- and usage-based benchmarks:

  • Two-time Pro Bowlers (excluding alternates) will earn the same as their position’s franchise tag
  • One-time Pro Bowlers will earn the equivalent of the transition tag
  • Players who achieve any of the following will receive the average of the third-20th-highest salaries at their position:
    • At least a 75% snap rate in two of their first three seasons
    • A 75% snap average across all three seasons
    • At least 50% in each of first three seasons
  • Players who do not hit any of those benchmarks will receive the average of the third-25th top salaries at their position

We covered how last year’s Pro Bowl invites affected the 2022 first-round class. With the deadline looming, we will use the space below to track all the 2026 option decisions from around the league:

  1. DE/OLB Travon Walker, Jaguars ($14.75MM): Exercised
  2. DE/OLB Aidan Hutchinson, Lions ($19.87MM): Exercised
  3. CB Derek Stingley Jr., Texans ($17.6MM): Extended through 2029
  4. CB Sauce Gardner, Jets ($20.19MM): Exercised
  5. OLB Kayvon Thibodeaux, Giants ($14.75MM): Exercised
  6. T Ikem Ekwonu, Panthers ($17.56MM): Exercised
  7. T Evan Neal, Giants ($16.69MM): Declined
  8. WR Drake London, Falcons ($16.82MM): Exercised
  9. T Charles Cross, Seahawks ($17.56MM): Exercised
  10. WR Garrett Wilson, Jets ($16.82MM): Exercised
  11. WR Chris Olave, Saints ($15.49MM): Exercised
  12. WR Jameson Williams, Lions ($15.49MM): Exercised
  13. DT Jordan Davis, Eagles ($12.94MM): Exercised
  14. S Kyle Hamilton, Ravens ($18.6MM): Exercised
  15. G Kenyon Green, Eagles* ($16.69MM): Declined
  16. WR Jahan Dotson, Eagles** ($16.82MM): Declined
  17. G Zion Johnson, Chargers ($17.56MM): Declined
  18. WR Treylon Burks, Titans ($15.49MM): Declined
  19. T Trevor Penning, Saints ($16.69MM): Declined
  20. QB Kenny Pickett, Browns*** ($22.12MM): Declined
  21. CB Trent McDuffie, Chiefs ($17.6MM): Exercised
  22. LB Quay Walker, Packers ($14.75MM): Declined
  23. CB Kaiir Elam, Cowboys**** ($12.68MM): Declined
  24. G Tyler Smith, Cowboys ($20.99MM): Exercised
  25. C Tyler Linderbaum, Ravens ($20.99MM): Exercised
  26. DE Jermaine Johnson, Jets ($13.92MM): Exercised
  27. LB Devin Lloyd, Jaguars ($14.75MM): Exercised
  28. DT Devonte Wyatt, Packers ($12.94MM): Exercised
  29. G Cole Strange, Patriots ($16.69MM): Declined
  30. DE George Karlaftis, Chiefs ($15.12MM): Exercised
  31. DB Dax Hill, Bengals ($12.68MM): Exercised
  32. S Lewis Cine, Vikings: N/A

* = traded from Texans on March 11, 2025
** = traded from Commanders on August 22, 2024
*** = traded from Eagles on March 15, 2024; traded from Steelers on March 10, 2025
**** = traded from Bills to Cowboys on March 12, 2025

Falcons To Pick Up Drake London’s Fifth-Year Option

A year after exercising Kyle Pittsfifth-year option, the Falcons will keep their other pass-catching pillar from entering a contract year. The team is picking up Drake London‘s 2026 option, per ESPN’s Adam Schefter.

This will lock London into a $16.82MM guarantee for next year. London is eligible for the third-tier wide receiver option, having been a regular in Atlanta but not a Pro Bowler. The former No. 8 overall pick, however, is now an essential piece to the organization’s aim to developing Michael Penix Jr. into a franchise quarterback.

[RELATED: Falcons Were Prepared To Draft James Pearce Jr. At No. 15]

Teams have until 3pm CT Thursday to decide on options for 2022 first-round picks. Considering the team’s Pitts decision, London never seemed a candidate to see his option declined. Kirk Cousins, with a late-season assist from Penix, helped London post his first 1,000-yard season. He cruised past that benchmark, accumulating 1,271 yards in his third season. This marked a boost from London’s first two years, when he was tethered to Marcus Mariota and Desmond Ridder as his primary QBs.

Part of Terry Fontenot‘s annual commitment to restock the Falcons’ skill positions with top-10 picks, London was the second of those selections. After taking Pitts fourth overall, Fontenot chose London eighth out of USC in 2022. The 6-foot-4 target quickly replaced Calvin Ridley as the Falcons’ No. 1 receiver, arriving as the team’s previous top target had incurred a gambling suspension months before the 2022 draft. London, however, was tied to two run-oriented offenses.

That led to the Falcons’ scrutinized two-QB offseason project last year. While Cousins no longer factors into the Falcons’ plans — barring a season in which the high-priced passer actually sits behind Penix — London will be tasked with helping the 2024 No. 8 overall pick take steps forward in his first full starter season. This is not exactly new territory, as London paired with Ridder after the Falcons anointed the 2022 third-round pick as their 2023 starter — after four 2022 starts. Penix showed more promise by comparison in his late-season cameo, pointing London’s arrow up regarding extension value.

London totaled 866 receiving yards as a rookie in a Falcons offense that led the league in rushing attempts; he added 905 in 2023. After scoring six combined touchdowns during his first two seasons, London broke through for nine last year. That season upped London’s extension price, as an exploding receiver market will help his cause there. The league now has eight $30MM-per-year receivers, and with the cap rising by at least $20MM over the past two years, London — who will not turn 24 until July — can make a clear case he deserves to be in that group. Building on last season to accelerate Penix’s development would cement that case.

The Falcons paid Julio Jones before his fifth-year option season, authorizing the since-retired receiver’s first extension just before the 2015 season. While the team bought time by picking up London’s option, his price would stand to rise with another 1,000-yard season. The Falcons can enter extension talks with London this offseason, and it will be interesting to see if anything serious develops. While extending first-round receivers a year early simply did not occur in the option era prior to last year, the Eagles (DeVonta Smith) and Dolphins (Jaylen Waddle) did so. The Falcons would probably be wise to strongly consider making an early strike. No known talks have occurred just yet.

Injury Rumors: London, Stevenson

Here’s the word on some of the injuries from Week 1 of the preseason:

  • The Falcons saw their top draft pick of 2022 leave their first preseason game in the first quarter on Friday. Wide receiver Drake London asked to be subbed out after reeling in a 24-yard pass from quarterback Marcus Mariota. This was the last thing Atlanta fans wanted to see considering London was drafted so highly despite an injury that ended his final season at USC prematurely. Luckily, it doesn’t appear that his college injury was the cause of his exit, according to AP News. London left the game with a knee injury, a different ailment from the broken ankle that sidelined him in college. The Falcons will play it careful with London and allow him time to get back to 100% before the regular season begins. “It’s nothing that we’re really concerned about long term,” head coach Arthur Smith told the media. “We’ll be smart…We hope to get everyone back by the time the regular season rolls around.” It looks like London will sit out this week, at least, and the team will reevaluate on the other side of their Week 2 preseason matchup with the Jets next Monday.
  • The Bills were without wide receiver Marquez Stevenson this week in a preseason game that likely would’ve seen him get plenty of playing time. Head coach Sean McDermott told the media that Stevenson “had surgery to repair a foot injury last week,” likely sidelining him for the remainder of the preseason, according to a tweet from Joe Buscaglia of The Athletic. McDermott seemed to convey that the team was uncertain whether or not he would be ready to begin the regular season. It’ll be interesting to see what effect, if any, this has on the Bills’ final 53-man roster for guys like Tavon Austin, Tanner Gentry, and Jake Kumerow.

Falcons Sign First-Round WR Drake London

The Falcons first-round pick has officially signed his contract. The team announced that they’ve signed receiver Drake London to his rookie pact. The first four years of London’s contract are fully guaranteed.

London was the first receiver off the board after the Falcons used the No. 8 pick on the USC product. This feat came despite London appearing in only eight games this past season, as a fractured ankle ended his season prematurely. London still put up impressive numbers, reeling in 88 receptions for 1,084 yards and 7 touchdowns. Before he missed any time, he led the NCAA in receiving yards, contested catches (19), and missed tackles (22) and was the highest-graded receiver according to Pro Football Focus.

At the time of his injury, London was widely considered a top wide receiver in college football, and the injury clearly did nothing to impact his draft stock. Fortunately, the wideout didn’t suffer any ligament damage, so his recovery and future outlook are both promising.

The Falcons offense will look a whole lot different next season with Matt Ryan no longer in Atlanta. Veteran Marcus Mariota will replace him under center, and London should instantly be one of his preferred targets, especially with Calvin Ridley suspended. The Falcons used their 2021 first-round pick on tight end Kyle Pitts, and the offensive weapons should highlight Atlanta’s offense for years to come.

The Falcons have now inked half of their draft picks to contracts after signing running back Tyler Allgeier (fifth round), offensive guard Justin Shaffer (sixth round), and tight end John FitzPatrick (sixth round).

Falcons Select WR Drake London With No. 8 Pick

The first wideout is off the board. The Falcons have selected USC wideout Drake London with the No. 8 pick.

The young wide receiver is undoubtedly talented. Despite only playing 8 games this year, London led his team in every receiving statistic, reeling in 88 receptions for 1,084 yards and 7 touchdowns. The next closest receiver on the team had 54 catches for 602 yards through 12 games.

London’s season came to an early end when he suffered a fractured ankle in late October. He underwent surgery but, according to ESPN’s Matt Miller, there was no ligament damage in the ankle. At the time of his injury, London was widely considered a top wide receiver in college football. Before he missed any time, he led the NCAA in receiving yards, contested catches (19), and missed tackles (22) and was the highest-graded receiver according to Pro Football Focus. So, while the numbers might not be there, there’s a reason why London was the first wideout off the board.

The Falcons offense will look a whole lot different next season with Matt Ryan no longer in Atlanta. Veteran Marcus Mariota will replace him under center, and London should instantly be one of his preferred targets, especially with Calvin Ridley suspended. The Falcons used their 2021 first-round pick on tight end Kyle Pitts, and the offensive weapons should highlight Atlanta’s offense for years to come (despite uncertainty at the QB position).

Saints Willing To Move Up Or Down In First Round

The middle and later stages of tonight’s first round are expected to house most of the trade action which could take place. That makes the Saints one of the most important teams to watch. It comes as little surprise, then, that New Orleans has been calling other teams regarding moves up and down the board (Twitter link via ESPN’s Jeremy Fowler). 

After their deal with the Eagles, the Saints own the 16th and 19th overall picks. That likely puts them in range of some – if not all – of the top quarterbacks in the class. If the team does elect to add a signal-caller, it appears their preference would be either Kenny Pickett or Matt Corral. With that said, the team has already re-signed Jameis Winston and added veteran backup Andy Dalton, leading some to believe other positions could be of greater concern to them.

The two positions most referenced along those lines are offensive tackle and wide receiver. In need of a Terron Armstead replacement, Trevor Penning will likely be the top blocker still available at 16, so a move up to select a top-tier option like Charles Cross wouldn’t come as a surprise. Likewise, the team would, in all likelihood, need to move into the top 10 (or thereabouts) to be in range of wideouts such as Drake London, Jameson Williams and Garrett Wilson as they look to boost last year’s passing game.

If the top options at those positions are off the board by the middle of the round, though, a trade down would become a possibility. The strength of this class is said to be truly seen on Day 2; especially if the team chooses not to add a quarterback, then, and a run on the position occurs in the 20s, moving down could become mutually beneficial for the Saints and a QB-hungry team.

Like all Day 1 trades, the ultimate decisions teams make will become known in a matter of hours. Depending on how the top of the board shakes out, New Orleans could become one of the most active teams, and therefore one worth keeping an eye on.

Draft Rumors: Jets, Neal, Giants, Seahawks, Texans, Cowboys

Although the Jets were reported to have gone through a productive visit with Kayvon Thibodeaux, it is looking like they will not draft the Oregon-developed pass rusher if he is on the board at No. 4. Questions about Thibodeaux’s fit with the rebuilding team’s culture has led most to expect GM Joe Douglas to pass, Brian Costello of the New York Post notes. Thibodeaux may be this draft’s most frequently discussed player, given his talent coupled with the attitude and effort concerns that dinged him during the draft lead-up. The Jets have recently been linked to Florida State edge rusher Jermaine Johnson, a player they are believed to prefer to Thibodeaux despite the latter being graded higher by most experts. Johnson has generated buzz about becoming a top-10 pick, which would put the Jets to a decision at No. 4. The Georgia transfer might not be available when the Jets pick again (assuming they do not trade for a wide receiver) at No. 10.

On draft eve, here is the latest heading into the 2022 event:

  • Another player on the top-five radar, Evan Neal is not believed to have been given a clean bill of health by every team. Hip and knee issues have given some teams pause, Albert Breer of SI.com notes. This could see the Alabama product, depending on where teams in the top 10 stand here, fall behind fellow high-end tackle prospects like Ikem Ekwonu and Charles Cross. Neal’s camp has pushed back on this, and Pro Football Talk’s Mike Florio adds the top-tier prospect was not asked to return to Indianapolis for the Combine’s medical recheck. Neal did not miss a game last season.
  • Jerry Jones said recently he is willing to trade up from No. 24. How far up? The Cowboys might be prepared to part with notable draft capital, with NFL.com’s Jane Slater indicating Cross, Northern Iowa tackle Trevor Penning and USC wide receiver Drake London are names to watch regarding a Dallas move up. Cross and London have been mentioned often as top-10 picks, while Penning has his share of fans as well. Based on the targets listed here, the Cowboys would likely need to make a strong offer. It would be quite costly for the Cowboys to move into or near the top 10, but they have been eyeing O-linemen. Dallas holds one pick in each of the second and third rounds.
  • On the subject of moves, which are mentioned often in the days ahead of a draft, teams have contacted the Giants about the No. 7 overall pick, Jeremy Fowler of ESPN.com tweets. The Seahawks are one of them, having shown interest in moving from 9 to 7. Seattle has often traded down in Round 1 under John Schneider, though the team has not enjoyed top-10 real estate since Schneider and Pete Carroll‘s first draft together (2010). Possessing needs at several spots, the Giants have been connected to using their No. 5 pick and trading down from 7.
  • Texans GM Nick Caserio said Wednesday a 99% chance exists his team will stay at No. 3 and make a pick, but the team is more open to a move at 13 — the pick obtained via the Deshaun Watson trade. The second-year GM has spoken with at least six teams about the No. 13 choice, per NFL.com’s Jim Trotter (Twitter link). Many teams view first-round trades as likelier to occur after the top 10, Fowler adds.

Commanders Locked In On WR In Round 1?

Having deployed a Terry McLaurin-dependent receiving corps for the past three years, Washington appears determined to find help for its top target in this draft.

The Commanders are “all in” on finding another receiver, per Todd McShay of ESPN.com, and this interest points to an investment with their No. 11 overall pick. This follows a report indicating the Commanders have indeed done extensive homework at the position. As to which wideout the team is targeting, it might be down to two.

[RELATED: Commanders Expect To Complete McLaurin Extension]

USC’s Drake London and Ohio State’s Chris Olave loom as potential targets, with McShay indicating the Commanders’ preference is viewed differently by various GMs around the league. The two wideouts went through “30” visits with the Commanders during the pre-draft process. They supply differing skillsets, with the 6-foot-3 London an outside threat and the 6-foot Olave a shiftier target in the McLaurin mold. Olave, who played four seasons with the Buckeyes, was McLaurin’s teammate as a freshman in 2018.

Commanders GM Martin Mayhew has called around about first-round trades in recent days, via the Washington Post’s Nicki Jhabvala (on Twitter), indicating some interest exists in moving up or down. While such dialogue is expected ahead of every draft, the Commanders being locked in on one wideout may require a move up the board. Otherwise, the team would seem set to land one of this draft’s top pass catchers at 11.

A first-round receiver pick would give Washington a few notable investments alongside McLaurin. Although Curtis Samuel battled injuries last season, Washington gave him a three-year, $34.5MM deal. The team also drafted Dyami Brown in Round 3 last year. Still, a familiar statistical gap — one that featured McLaurin’s yardage total (1,053) nearly 700 north of any other Washington wideout — emerged in 2021, likely heightening the importance of the Commanders adding more help here.

Chiefs, Cardinals Targeting First-Round WRs

The back half of Thursday night’s first round has plenty of uncertainty, keeping in line with the overall theme of this year’s class. Two of the teams in that range whose intentions are clear, according to Pro Football Network’s Tony Pauline, are the Chiefs and Cardinals; each, he reports, are targeting wide receivers. 

Kansas City has been named as a team looking for replenishments in their pass-catching corps since the Tyreek Hill trade. While they have signed J.J. Smith-Schuster and Marquez Valdes-Scantling, many have pointed to a receiver being a priority with one of their two Dat 1 selections (Nos. 29 and 30). As Pauline also noted recently, the team is high on Minnesota edge rusher Boye Mafe, whom many believe Kansas City will select with one of those picks.

As for the other, the Chiefs have frequently been connected to trade-up scenarios resulting in a top wideout becoming the pick. Given his speed, Jameson Williams is often touted as the team’s target in such a circumstance, but Garrett Wilson and Chris Olave are other options under consideration as well. Given the rankings of those three not only amongst the other top wideouts, but the rest of the class as a whole, it is highly unlikely Kansas City will be able to wait to select any of them at the tail end of Day 1.

A trade could very well be needed for the Cardinals as well if they wish to add a top pass-catcher. The team’s vacancy comes from Christian Kirk‘s free agency departure, meaning they could stand to add a starting-level player Thursday night. Since it is expected Williams, Wilson and Drake London – at a minimum – will be off the board by the time Arizona picks 23rd overall, Olave and Treylon Burks are more realistic targets at their current slot. The Cardinals hosted the latter, signalling at least a degree of interest in the Arkansas alum. Pauline points to offensive line as another position to target if they avoid a wideout.

Much of the chatter in the build-up to Thursday night is dominated by the top of the board, of course, but the actions of teams like these two will be worth watching as the WR board shakes out throughout the opening round.

Jets Interested In Jameson Williams?

Involved in the Tyreek Hill and Amari Cooper trade talks, the Jets acquired neither. They have since been linked to D.K. Metcalf, having discussed the fourth-year wideout with the Seahawks. Those talks were not believed to have been substantial.

This points the Jets to a receiver in a draft featuring several ready-made contributors but one appearing to lack the top-end talent of last year’s class. It is not certain which of this year’s receiver crop will be the first to go off the board, but the Jets are believed to be interested in Alabama’s Jameson Williams, a source informed ESPN.com’s Rich Cimini. While the Jets are continuing to monitor the potential availability of Metcalf and 49ers wideout Deebo Samuel, Cimini notes, they will continue to be connected to using one of their first-round picks on this position.

The Jets-Williams connection comes shortly after a report indicating the Alabama receiver, despite the ACL tear he suffered in the national championship game, is moving toward being a top-10 pick. With linemen and defensive backs atop draft boards, it is possible the Jets would have their pick of the top wideout in this draft. The Jets hold the Nos. 4 and 10 picks in this year’s draft, and even taking their persistent receiver interest into account, it would surprise if the team used that No. 4 choice on one.

Williams’ tear is not likely to cost him much in this draft, with ESPN’s Mel Kiper Jr. noting a rise into the top 10 is not out of the question. The Jets have Corey Davis, the recently re-signed Braxton Berrios and second-rounders Elijah Moore and Denzel Mims. While Mims has not come especially close to justifying his draft slot, helping lead the team to this wideout-needy place, the Jets have some options at the position. They also have two picks atop the second round (Nos. 35 and 38, the latter coming via the Sam Darnold trade), should Joe Douglas and Co. opt to address other needs in Round 1. The Jets have not drafted a wideout in the first round since Santana Moss in 2001.

Prior to his knee injury, Williams broke through after transferring from Ohio State to Alabama. The 179-pound pass catcher posted a 79-catch, 1,572-yard, 15-touchdown season to help Bryce Young to the Heisman Trophy. Should he regain that form post-surgery, Williams would provide a tremendous speed injection to whichever offense he joins. ESPN gives he, ex-Buckeyes teammates Garrett Wilson and Chris Olave, and USC’s Drake London top-20 grades among this draft’s receiver class. The Jets have met with Wilson, Olave and London, Cimini adds.