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Saints Give Chris Olave $132 Million Extension With Rare Medical Carve-Outs

The contract ties injury guarantees to a third-party medical review with the team doctor making the final clearance decision.

Overview

  • The Saints and wide receiver Chris Olave agreed to a four-year extension worth up to $132 million with roughly $90 million in total guarantees and about $52.7 million fully guaranteed at signing.
  • The deal explicitly names concussions and respiratory pulmonary embolism as conditions that can void Olave’s injury guarantees if he can no longer be cleared to play because of them.
  • The contract requires Saints doctors to consult an independent specialist before the team physician issues a final and binding medical clearance that determines whether injury guarantees remain in place.
  • Olave, who had multiple pro-level concussions and a pulmonary embolism detected before the 2025 finale, was fully cleared for training camp and was evaluated and cleared after a hard fall during Tuesday practice.
  • The clause reflects a broader NFL trend of tailoring long-term pay to medical risk by giving teams a narrow, defined exit from guarantees while still rewarding high performance with a major payday.