Pitts is present for the start of voluntary workouts Tuesday and is signing his franchise tag with the Falcons, Ian Rapoport of NFL Network reports. Pitts and Atlanta will still have until mid-July to negotiate a potential long-term deal, but the 2021 first-round pick will now officially sign his one-year, fully-guaranteed $15.05 million franchise tag. The 25-year-old TE managed a surge of production down the stretch of the 2025 campaign, finishing the year with an 88-928-5 line on 118 targets while suiting up for all 17 regular-season games. Pitts' major task this offseason will be to improve his chemistry with quarterback Michael Penix (ACL) and establish a rapport with new QB Tua Tagovailoa.
The Falcons officially placed their franchise tag on Pitts on Tuesday, Tori McElhaney of the team's official site reports. The expected move prevents Pitts from reaching the open market in free agency, while he and the Falcons have until July 15 to negotiate a potential multi-year extension. Per McElhaney, the projected franchise tag value for tight ends in 2026 will be approximately $16 million. The 2021 first-rounder is coming off a 2025 regular season in which he recorded 88 catches for 928 yards and five touchdowns (on 118 targets) in 17 games.
The Falcons are expected to designate Pitts with the franchise tag, retaining the impending free agent for the 2026 season, Ian Rapoport of NFL Network reports. Atlanta will keep Pitts in house via the franchise tag, a one-year exclusive deal worth over $15 million for the 2026 campaign, rather than let the 2021 first-round pick reach the open market as a free agent. NFL reporter Jordan Schultz reports that the team wants to retain Pitts via a long-term deal, and the franchise tag will allow both sides until mid-July to negotiate on a potential multi-year extension. New Falcons head coach Kevin Stefanski and GM Ian Cunningham appear to consider it a priority to keep around long term Pitts after he broke out with 88 catches, 928 yards and five touchdowns (118 targets) across 17 regular-season appearances in 2025, career-high marks across the board.