New Orleans Saints wide receiver Chris Olave had a strong fourth season, setting career highs in receiving and earning Second-Team All-Pro honors. Olave hauled in 100 receptions on 156 targets for 1,163 yards and nine touchdowns in 16 games. He missed the regular-season finale due to blood clots in his lungs.
Olave enters the final year of his deal and is scheduled to earn a fully guaranteed $15.493 million salary. The Saints have expressed interest in securing him to a long-term deal this offseason, but no deal has been made.
New Orleans Saints provide an update on contract talks with 2nd-Team All-Pro
New Orleans Saints, Mickey Loomis
Jul 26, 2022; New Orleans, Louisiana, US; New Orleans Saints general manager Mickey Loomis at training camp press conference at Ochsner Sports Performance Center. Mandatory Credit: Stephen Lew-USA TODAY Sports
During Monday’s press conference, Mickey Loomis provided an update on ongoing contract negotiations with Chris Olave, as reported by Katherine Terrell of ESPN. The general manager said that although both sides would love to reach a deal sooner rather than later, they are not there yet in the negotiations. Loomis added that talks with Olave have been positive and that he has been in the building a lot this offseason.
Mickey Loomis on a timeline to get something done with Chris Olave. “Obviously we’d love to have something done sooner than later and I’m sure Chris would as well, but we’re not there yet.”
— Katherine Terrell (@Kat_Terrell) May 18, 2026
Olave’s concussion history and longevity concerns, guaranteed money, and the recent rise in market value for wide receivers are the three main factors hindering a long-term deal.
Here’s a look at Spotrac’sprojected contract
Buffalo Bills Chris Olave
Oct 12, 2025; New Orleans, Louisiana, USA; New Orleans Saints wide receiver Chris Olave (12) misses a touchdown pass under pressure from New England Patriots cornerback Marcus Jones (25) during the second quarter at Caesars Superdome. Mandatory Credit: Matthew Hinton-Imagn Images
Contract Length: 4 years
Average Per Year: $33 million
Total Contract Amount: $132 million
Rank Among WR: 5th