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Saints Lock Up Chris Olave With Four-Year, $132 Million Extension

Settling medical questions with $90 million guaranteed, the deal gives New Orleans certainty at its top receiver.

Overview

  • The Saints and Chris Olave agreed Thursday to a four-year extension worth up to $132 million with $90 million guaranteed, a deal reported by multiple outlets citing ESPN’s Adam Schefter.
  • Olave reported to training camp on time but limited himself to individual work at the start of practices as a partial hold-in while negotiations continued.
  • Team officials say Olave has been medically cleared after a January blood-clot diagnosis and is considered “full go” for camp participation going forward.
  • The contract carries an average annual value near $33 million, placing Olave among the league’s higher-paid receivers and increasing New Orleans’ near-term salary-cap commitments.
  • Olave’s extension locks the Saints to the receiver who posted 100 catches for 1,163 yards and nine TDs in 2025 and clarifies the passing-game plan for rookie Jordyn Tyson and quarterback Tyler Shough.