The Atlanta Falcons and tight end Kyle Pitts agree to a three-year contract extension worth $54 million, according to multiple reports. The deal is described as including $36 million guaranteed, which would keep Pitts with the team through at least the 2028 season. Several outlets also note that the contract follows Falcons use of the franchise tag earlier in the offseason during negotiations, meaning Pitts avoids playing under the franchise tag for the upcoming season. CBS Sports and other reports frame the extension as one of the largest for a tight end, placing Pitts among the league’s highest-paid at the position, with one report citing him as the third-highest paid tight end in the NFL. The agreement comes after Pitts’ strong production last season, which The Athletic reports included 88 receptions for 928 yards and five touchdowns. Yahoo Sports adds that the new contract makes Pitts among the league’s highest-paid tight ends. Overall, the sources consistently describe the length, total value, and guaranteed figure, while characterizing Pitts’ recent performance as a key factor in reaching the agreement.