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League: NFLSport: FootballCountry: United StatesCategory: Injuries

Chris Olave signs contract extension with New Orleans Saints

Yahoo Sports • 1 min read • Latest: Jul 31, 2026, 3:12 PM

Last updated Jul 31, 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.

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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
  • 3:12 PMYahoo Sports — Chris Olave contract details: What it means for Saints' salary cap
What they're saying
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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.

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New Orleans SaintsNFLFootball

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