Tight end Kyle Pitts and the Atlanta Falcons agreed to a three-year, $54 million contract extension on Tuesday that includes $36 million fully guaranteed, sources told Adam Schefter of ESPN. It's the largest three-year contract for a tight end in NFL history. Pitts gets a massive extension after breaking out for 88 receptions (118 targets) for 928 yards and a career-high five touchdowns in 17 starts in his fifth year in Atlanta. The former fourth overall pick in the 2021 NFL draft out of the University of Florida had 1,026 receiving yards in his first NFL season, but it came with just one touchdown, and he continued to disappoint fantasy managers the following three seasons with nine combined touchdown receptions in 44 games played. Pitts is now the third-highest-paid TE in the NFL behind George Kittle and Trey McBride in terms of annual average salary. While Pitts is a clear top-10 fantasy tight end going into 2026, fantasy managers who have been burned by him before recognize the bust potential, especially with the Falcons' uncertain QB position between Tua Tagovailoa and Michael Penix Jr. (knee).

Baltimore Ravens wide receiver Devontez Walker was a standout wideout this spring for the Ravens, continually stretching the field, according to Jamison Hensley of ESPN. Walker, who was drafted in the fourth round in 2024 out of the University of North Carolina, has pressure on him this year after the Ravens drafted Ja'Kobi Lane in the third round and Elijah Sarratt in the fourth round in April. Walker is competing for the WR3 role behind Zay Flowers and Rashod Bateman in 2026, and so far, he has made the most of his limited opportunities during his first two seasons in the league, scoring four touchdowns on his seven career catches. The 25-year-old pass-catcher only caught six of eight targets for 136 yards and three touchdowns in 12 games (three starts) for the Ravens last year. There is an opportunity for Walker in the Ravens' new offense in 2026, but he can be ignored in 12-team fantasy leagues to begin the year.

Miami Dolphins tight end Greg Dulcich has emerged in spring offseason workouts as one of the primary targets for new quarterback Malik Willis, according to Marcel Louis-Jacques of ESPN. Willis is in the process of trying to build chemistry with an entirely new cast of skill players in Miami, but during team drills this offseason, "there was clear trust" in Dulcich, who was one of the best TEs in the NFL last year at making plays after the catch. After returning from Injured Reserve in Week 8, he finished the 2025 campaign averaging the second-most yards after catch per reception (7.6). The 26-year-old former third-rounder (80th overall) by the Denver Broncos in 2022 out of UCLA played in only 10 games (three starts) in 2025 in his first year in Miami, catching 26 of his 33 targets for 335 yards and one touchdown. Dulcich has struggled with the injury bug in his four years in the NFL, but if he can stay healthy in 2026, he will have a chance to be one of the most targeted offensive weapons for Willis in an offense that features an unproven group of receivers. Dulcich will be considered a breakout sleeper candidate in his fifth year in the league.

Tampa Bay Buccaneers wide receiver Jalen McMillan has an "opportunity to take on a larger role" in the team's offense in 2026 following Mike Evans' departure to the San Francisco 49ers in free agency this offseason, according to Bucs Report. McMillan was limited to just four games (two starts) in 2025 in his second year in the league after he fractured three vertebrae and suffered two herniated discs in his neck in a preseason game. In his four games played, the 24-year-old made a difference, catching 12 of his 15 targets for 178 yards, although he didn't find the end zone. McMillan caught 37 passes for 461 yards and eight touchdowns on 58 targets in 13 regular-season games as a rookie in 2024 after being taken in the third round out of the University of Washington. Seven of his TDs came in his final five games of the year. With Evans now out of the picture, the Bucs are looking for stability on the outside, and head coach Todd Bowles has praised McMillan's work ethic and resilience. Because of the nose for the end zone that he showed as a rookie, and with increased opportunity in Year 3, McMillan is worth a late-round dart throw in fantasy drafts in 2026.