Wide Receiver Chris Olave Signs Four-Year, $132M Deal
The New Orleans Saints are committed to their young core for the future. On Thursday, the team agreed to a four-year contract extension worth up to $132 million with wide receiver Chris Olave, according to reporting by CBS Sports - NFL. The deal includes $90 million guaranteed.
Since his arrival in New Orleans as the 11th overall pick in the 2022 NFL Draft, Olave has consistently shone despite challenges. Each of his past three healthy seasons saw him top 1,000 receiving yards, with a career-high set in 2025 at 1,163 yards and nine touchdowns.
Olave's Injuries Haven't Wilted Performance
While Olave has faced injuries—four concussions throughout his NFL career—that could impact his future, he has remained a reliable and dominant force. Consistent with three different offensive coordinators and two head coaches, the New Orleans offense adapted to various quarterbacks like Andy Dalton, Derek Carr, Jameis Winston, Spencer Rattler, Jake Haener, and Tyler Shough.
Pushing Saints' Offense Forward
The Saints' strategy also includes signing running back Travis Etienne, adding another dynamic weapon to the team. This deal ensures that Olave continues to lead a solid receiving corps, taking pressure off quarterback Tyler Shough as he enters his second year.
Frequently Asked Questions
What does this contract mean for Chris Olave's future with the Saints?
It signals a strong commitment from the team until at least 2030, making him one of the highest-paid receivers in NFL history. The contract reflects his importance to the organization.
How will Travis Etienne impact the Saints' offense?
The signing adds versatility and depth in the backfield, allowing Shough to focus on development and play-calling with less pressure.