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Chris Olave agrees to four-year extension with Saints

Wide receiver Chris Olave signed a four-year contract extension with the New Orleans Saints valued up to $132M. The deal follows Olave's most productive season during his fourth year with the team. This agreement settles a period of contract disputes that led Olave to miss some team activities. Olave now ranks among the highest-paid wide receivers in the NFL. The extension was part of a Tuesday wave of NFL contracts where three players from the 2023 draft class set new benchmarks for their positions.

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What changed

The extension is identified as one of three 2023 draft class deals that set new positional benchmarks on Tuesday.

Live updates

  1. Chris Olave signs 4-year extension with New Orleans Saints

    Wide receiver Chris Olave signed a four-year contract extension with the New Orleans Saints valued up to $132M. The deal follows Olave's most productive season during his fourth year with the team. This agreement settles a period of contract disputes that led Olave to miss some team activities. Olave now ranks among the highest-paid wide receivers in the NFL. The extension was part of a Tuesday wave of NFL contracts where three players from the 2023 draft class set new benchmarks for their positions.

    Why it matters

    The contract ends a period of instability regarding Olave's status with the team. By securing this deal, the Saints retain a top-tier offensive weapon. The timing aligns with a broader trend of 2023 draft picks renegotiating for record-setting values.

    What is confirmed

    • Chris Olave agreed to a four-year contract extension with the New Orleans Saints valued up to $132M.
    • The agreement follows Olave's fourth season, which was his most productive with the team.
    • Olave missed some team activities due to prior contract negotiations.
    • Three members of the 2023 draft class set new benchmarks at their positions during a wave of Tuesday extensions.

    What to watch next

    • Details on other 2023 draft class benchmarks
    • Olave's performance in upcoming games under the new contract
    Sources used for this update (6)
    1. www.foxsports.com — NFL Catchup: More Record Extensions; Shedeur Embracing QB Comp; Lamb's Unusual Routine
    2. www.tsn.ca — 'It's always in flux': Cleveland's QB competition continues between Watson, Sanders
    3. www.tsn.ca — 'When you get in trouble, just Bij it': Penix Jr. happy Falcons, Robinson agreed to extension
    4. sports.yahoo.com — George Pickens Reacts To New Cowboys Contract Value: 'That's Nice!'
    5. www.tsn.ca — Questionable decision costs Stamps as Argos overcome shaky Kelly in home opener
    6. www.tsn.ca — Dabrowski on 'privilege' playing Gauff, US Open mixed hopes and 'surreal' Princess Kate moment
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  2. Chris Olave signs four-year extension with New Orleans Saints

    Wide receiver Chris Olave agreed to a four-year contract extension with the New Orleans Saints valued up to $132M. This deal follows Olave's fourth season, which was his most productive with the team. The agreement ends a period of contract negotiations that had previously caused Olave to miss some team activities. He now ranks among the highest-paid wide receivers in the NFL.

    Why it matters

    The extension secures a key offensive asset for New Orleans after a standout individual year. The timing coincides with roster shifts, including the retirement of Saints receiver Ja'Lynn Polk.

    Still unconfirmed

    • Wide receiver Ja'Lynn Polk has retired from the New Orleans Saints.

    What to watch next

    • The Saints' response to the vacancy left by Ja'Lynn Polk's retirement
    • Olave's integration back into full team activities following the contract resolution
    Sources used for this update (4)
    1. www.tsn.ca — Pass rusher Jadeveon Clowney reaches deal to reunite with Texans
    2. sports.yahoo.com — The Last Two NFL Offseasons Have Been Huge Paydays for Former Buckeyes
    3. sports.yahoo.com — Devon Witherspoon is Acting Like His Seahawks Contract Extension is Coming
    4. ca.sports.yahoo.com — What Does Retirement of Saints WR Ja'Lynn Polk Mean for New Orleans Roster?
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  3. Chris Olave agrees to four-year extension with Saints

    Chris Olave has agreed to a four-year contract extension with the New Orleans Saints. The deal is worth up to $132M. This extension comes after Olave's fourth and best year with the team. Olave is now one of the NFL's highest-paid WRs. The contract talks had been ongoing and had sidelined Olave from some team activities.

    Why it matters

    The New Orleans Saints have secured their star wide receiver with a long-term deal. This move demonstrates the team's commitment to Olave and their desire to build a strong roster. The extension is a significant investment in Olave's future with the team. Olave's performance in his fourth year likely played a key role in negotiations.

    What is confirmed

    • Chris Olave agreed to a four-year extension with the Saints.
    • The deal is worth up to $132M.
    • Olave is now one of the NFL's highest-paid WRs.
    • The extension comes after Olave's fourth and best year with the team.

    What to watch next

    • Details on Olave's performance in the upcoming season
    • Impact of this extension on the Saints' salary cap
    • Potential future negotiations for other key Saints players
    Sources used for this update (11)
    1. NBC Sports — Chris Olave agrees to four-year extension with Saints
    2. ESPN — Saints' Chris Olave signing four-year extension worth up to $132M
    3. NBC Sports — Kellen Moore: Chris Olave’s new deal is awesome for him, our team
    4. CBS Sports — Saints reward Chris Olave for career year by making him one of NFL's highest-paid WRs
    5. NOLA.com — Saints camp observations: Chris Olave sidelined by contract talks, Jordyn Tyson ramps up
    6. uk.sports.yahoo.com — NFL news, live updates: Deebo Samuel returns to 49ers; Saints extend Chris Olave; Baker Mayfield airs his grievances with Bucs
    7. ca.sports.yahoo.com — Report: Adam Daghim to Hoffenheim a done deal
    8. www.aol.com — New Orleans Saints, WR Chris Olave agree to contract extension
    9. ca.sports.yahoo.com — Official | Paris FC striker Willem Geubbels to undergo Lecce medical
    10. www.tsn.ca — Falcons ink Canadian OL Bergeron to four-year, $96 million contract extension
    11. www.tsn.ca — Carels on Reschny's skirmish with Wyttenbach: 'That's why he wears that C for us'
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