Chris Olave and Saints Continue Extension Talks as Receiver Works Through OTAs

Overview

• Chris Olave has taken part in the Saints' voluntary offseason workouts and said Tuesday he expects a contract extension 'soon' and hopes it is completed before training camp.
• General manager Mickey Loomis has acknowledged talks are ongoing and said the two sides are 'not there yet,' signaling active negotiations without a finalized deal.
• Olave is entering the fifth and final year of his rookie contract and is slated to earn $15.493 million in 2026 unless an extension is signed.
• The NFL wide receiver market has risen sharply with Jaxon Smith‑Njigba setting a $42.15 million per year benchmark, a trend that raises Olave's potential price while the Saints weigh his durability given he has never played 17 games in a season.
• New Orleans added first‑round rookie Jordyn Tyson and plans to pair him with Olave and second‑year quarterback Tyler Shough in Kellen Moore's offense, giving the team a roster and competitive reason to resolve the contract talks soon.