The Atlanta Falcons announced on Monday that the team will exercise their fifth-year option rights for former first-round TE Kyle Pitts. The team announced their decision with just three days to go before the deadline. Now, they’ll owe him approximately $10.878 million for the 2025 season, which is his fifth-year option value as a one-time Pro Bowl tight end. After a rookie season with over 1,000 receiving yards on 110 targets, Pitts’ looks and subsequent catches decreased. He had just 59 targets, 28 receptions and 356 yards with two touchdowns in 10 games while the Falcons went 7-10 in 2022. …