The wide receiver market is going crazy. When Minnesota Vikings wide receiver Justin Jefferson signed his contract extension two years ago, it completely reset the market. Jefferson’s contract was worth $35 million per year, and it was viewed as a crazy high contract, $5 million more than what Amon-Ra St. Brown had just signed his big extension for. That kind of jump in the marketplace is crazy.

Tuesday afternoon brought another massive contract extension at wide receiver, as the Atlanta Falcons gave Drake London a massive extension with $100 million guaranteed.

Falcons are signing WR Drake London to a four-year, $141 million extension worth up to $150 million, including $100 million guaranteed, per his agent Andrew Kessler. It makes London the third highest paid receiver in the league with the highest average per year in Falcons… https://t.co/JayLqVcJQ7

— Adam Schefter (@AdamSchefter) June 2, 2026

How Drake London’s contract impacts the Minnesota Vikings

London is a very good player for the Falcons, and certainly worthy of an extension, but how much he is worth is up to interpretation. Getting $35.5 million per season makes London the third-highest paid wide receiver in the NFL.

That is wild to think about. You don’t necessarily think about London being a top-10 receiver in the NFL, let alone top-three, which is what the contract makes him. When you put in those terms, London feels somewhat overpaid.

It also makes the contract Jefferson signed two years ago this month that much more of a bargain. He has three years remaining on his four-year contract, and the more players get these big extensions, it raises the possibility of Jefferson wanting an extension of his own. It wouldn’t be a big surprise either, as Jefferson would deserve to get a big raise.

The other element is a potential extension for Jordan Addison. While he is due an extension, Addison does have two more years left on his current deal. However long the Vikings choose to wait, it could spike how much it is. That is what happened with Jefferson’s contract, as the Vikings offered him $28 million per year before the 2023 season.

Waiting on Addison’s contract could be a big mistake for the Vikings, as it could spike his contract higher than our projection of three years, $82.5 million, with $34 million fully guaranteed

Year	Base Salary	Prorated Signing Bonus	Per Game Roster Bonus	Workout Bonus	Guaranteed Salary	Cap Number
2026	$1,215,000	$4,746,679	$0	$0	$1,125,000	$5,961,679
2027	$10,507,510	$3,000,000	$750,000	$100,000	$11,357,150	$14,357,510
2028	$22,000,000	$3,000,000	$750,000	$100,000	$22,850,000	$25,850,000
2029	$25,000,000	$3,000,000	$750,000	$100,000	$15,647,510	$28,850,000
2030	$26,000,000	$3,000,000	$750,000	$100,000	$0	$29,850,000
2031	Void	$0	Void	Void	Void	$0
2032	Void	$0	Void	Void	Void	$0
2033	Void	$0	Void	Void	Void	$0
Total	$84,632,510	$16,749,679	$3,000,000	$400,000	$50,979,660	$104,869,189

The more information that we get over the course of the offseason, the more money it could cost the Vikings, for both Jefferson and Addison.