WR Chris Olave Expects To Sign Saints Extension Before Training Camp

Chris Olave has been a participant in Saints OTAs with extension negotiations ongoing. GM Mickey Loomis has expressed optimism that an agreement will be reached, and that feeling is mutual.

As things stand, Olave is a pending 2027 free agent. He is currently set to play on his $15.49MM fifth-year option, while a long-term commitment would carry a much larger price tag. No extension has been signed yet, but Olave believes one will be finalized in the near future.

“I feel like we’re going to come down to that before training camp,” the soon-to-be 26-year-old said (via Ben Dackiw of WBRZ). “I hope we do, so we don’t affect the chemistry going into training camp, but I think it’s going to get done soon.”

Injuries in general, and concussions in particular, represented a potential cause for concern in Olave’s case after he was limited to just eight games in 2024. He managed to avoid any lengthy absences last season, however. That allowed him to set a new career high in catches (100), yards (1,136) and touchdowns (nine) in 2025. A substantial raise will no doubt be in store in the event Olave and the Saints manage to work out a new pact.

New Orleans’ receiver room has lacked depth for much of Olave’s tenure in the league, and the team traded away Rashid Shaheed ahead of the 2025 deadline. Adding a wideout early in the draft was known to be a Saints priority, so it came as no surprise when Loomis and Co. elected to take Jordyn Tyson eighth overall in April’s event. Even with the Arizona State product now in the fold, Olave will be counted on to remain a focal point on offense this season and well into the future provided a long-term agreement can be reached.

The Saints have moved on from several veterans this offseason, something which has cleaned up their cap outlook to a large extent. Affording a big-money Olave investment should be feasible, and it appears as though an extension will likely be on the books in time for this summer.