Saints, Chris Olave agree to four-year contract extension worth up to $132 million

15 sources • 2 min read • Latest: Jul 30, 2026, 11:34 PM

Last updated Jul 30, 2026

Saints, Chris Olave agree to four-year contract extension worth up to $132 million
Summary

The New Orleans Saints and wide receiver Chris Olave have reportedly finalized a four-year extension, potentially valued at $132 million. Olave, taken 11th overall in the 2022 NFL Draft, has posted impressive stats despite a turbulent quarterback situation., he set career highs last season with 1,163 receiving yards and nine touchdowns. Following an injury-plagued period in 2024, Olave has shown promise in his connection with quarterback Tyler Shough. After a challenging start to his career, the extension reflects the Saints’ commitment to keeping their star receiver.

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Status Watch
  • •Saints selected Chris Olave with the 11th overall pick in 2022.
  • •Olave achieved career highs in receiving yards and touchdowns last season.
  • •In 2024, multiple quarterbacks impacted Olave's performance.
  • •He has caught 66 passes for 780 yards and six touchdowns with Tyler Shough.
  • •Olave has yet to play a full season and missed games due to injuries.
Latest Updates
  • 11:34 PMYahoo Sports — Saints WR Chris Olave gets multi-year extension
  • 10:58 PMYahoo Sports — Saints receiver Chris Olave agrees to a 4-year extension worth up to $132 million
  • 10:07 PMESPN — Saints' Olave signs extension worth up to $132M
  • 9:57 PMYahoo Sports — Former Buckeye Chris Olave in Line for New Saints Contract
  • 9:40 PMYahoo Sports — Where Chris Olave's new contract ranks among NFL's highest-paid WRs
  • 9:39 PMCBS NFL — Saints reward Chris Olave for career year by making him one of NFL's highest-paid WRs
  • 9:23 PMYahoo Sports — New Orleans Saints, Chris Olave agree to record-setting extension
  • 9:11 PMYahoo Sports — Saints sign Chris Olave to contract extension. Here's what it means
What they're saying
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The New Orleans Saints and top receiver Chris Olave have agreed on a four-year contract extension worth up to $132 million. The Saints announced the extension Thursday without disclosing contract details. Agent Drew Rosenhaus, who represents Olave, confirmed the financial details, which were first reported by ESPN.

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The Saints are signing wide receiver Chris Olave to a four-year extension worth up to $132 million, including $90 million guaranteed, his agents Drew Rosenhaus and Jason Rosenhaus told ESPN's Adam Schefter.

— ESPNby Katherine Terrell
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The Saints are signing star WR Chris Olave to a long-term contract extension. Here are the full details of the deal and what it means for New Orleans.

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