Saints sign Chris Olave to four-year $132 million extension

The New Orleans Saints secured their top offensive weapon on Thursday, July 30, 2026, agreeing to a four-year contract extension with star wide receiver Chris Olave. The deal is worth up to $132 million and includes $90 million in guaranteed money, according to multiple reports.

The agreement ends a brief hold-in by Olave at the start of training camp and ensures the 26-year-old will remain a cornerstone of the Saints' offense for the foreseeable future. General manager Mickey Loomis had expressed optimism about a deal earlier in the week, stating the team wanted to get it done. Negotiations intensified Thursday, leading to the completion of the extension.

Olave is coming off a career-best 2025 season in which he earned second-team All-Pro honors. He set personal highs with 100 receptions for 1,163 yards and nine touchdowns, marking his third 1,000-yard season in his first four NFL campaigns. Since being selected 11th overall in the 2022 draft, Olave has compiled 291 catches for 3,728 yards and 19 touchdowns in 55 games, establishing himself as one of the league's most productive receivers.

The significant financial commitment comes despite acknowledged injury concerns in Olave's...