League: NFL Sport: Football Country: United States Category: Injuries

Chris Olave signs contract extension with New Orleans Saints

3 sources • 1 min read • Latest: Aug 1, 2026, 1:02 AM

Last updated Aug 1, 2026

Chris Olave signs contract extension with New Orleans Saints

Summary

New Orleans Saints wide receiver Chris Olave has agreed to a $132 million contract extension as training camp begins. The deal significantly decreases his salary cap hit for the 2026 season to approximately $8.29 million, freeing up $7.2 million for the team. This adjustment allows the Saints to address potential roster needs, especially following Bryan Bresee's season-ending injury. The contract is structured to keep Olave with the team through at least 2028, with options for future adjustments based on team needs.

Source Links

NBCSports.com Yahoo Sports

Status Watch

•Olave's base salary drops to $1.29 million for 2026.
•Contract extension saves Saints $7.2 million against the salary cap.
•Olave's deal includes proration from a $35 million signing bonus.
•Saints can use salary cap space to address roster needs after key injuries.
•Contract ties Olave to the team through at least 2028.

Latest Updates

1:02 AMNBCSports.com — Inside the Chris Olave deal - NBC Sports
1:00 AMYahoo Sports — Inside the Chris Olave deal
3:12 PMYahoo Sports — Chris Olave contract details: What it means for Saints' salary cap

What they're saying

"
It's been a busy week at New Orleans Saints training camp, highlighted by Chris Olave's contract extension. Here's what it means for the salary cap.
— Yahoo Sports

"
One of the various training-camp hold-ins ended on Thursday, when the Saints signed receiver Chris Olave to a new deal.
— NBCSports.comby Mike Florio