The No. 4 overall 2021 draft pick has penned a fully-guaranteed, four-year, $32.9 million contract. This figure sets the record amount for guaranteed money at the TE position in NFL history.
The team was able to pay this hefty sum with the cap space freed up by the recent trade of Julio Jones to Tennessee.
Falcons first-round pick Kyle Pitts now has signed his four-year, fully-guaranteed, $32.9 million contract.
— Adam Schefter (@AdamSchefter) June 29, 2021
Standing 6-foot-6 and weighing in at 245 lbs, Pitts has an almost unprecedented combination of size, speed and athleticism in his arsenal. Recording 770 yards and 12 touchdowns through eight games with the Florida Gators this past season, the unanimous first-team All-American earned his spot as one of the top prospects in the 2021 class. At No. 4 overall, the highly-touted TE was the first non-quarterback selected in the draft.
ProFootballFocus has Pitts as the highest graded incoming tight end in NFL history (96.2). And with these unprecedented rankings come some lofty expectations.
The Falcons will immediately look to Pitts as a primary offensive weapon in 2021.
With Pitts’ signing, Atlanta has now signed each of its nine draftees from the 2021 class.