Atlanta hopes that it can retain Hooper's services for the foreseeable future, but as of now, the Falcons are not close to re-signing their third-leading receiver.
Since entering the league as a third-round selection in 2016, Hooper ranks sixth in receptions (214) and ninth in receiving yards (2,244) and receiving scores (16) among all tight ends. The big-bodied TE has not been very injury-prone, though he did miss three games with a sprained MCL this year.
If and when Hooper hits free agency, the tight end could receive a contract that exceeds the top marks set during free agency last offseason. Jesse James received $22.6 million over four years and $10.5 million guaranteed at signing from Detroit, and Jared Cook signed a two-year deal in New Orleans with an average annual value of $7.5 million in 2019. Given his youth and production, Hooper should see more than that.
Atlanta could choose to place an estimated $11 million franchise tag on Hooper, but that seems unlikely. The highest-paid tight end in 2020 is currently slated to be Jimmy Graham in Green Bay ($10M).