Chris Olave signs $132M extension with Saints

Chris Olave gets $132M extension from the Saints

Chris Olave, WR, New Orleans Saints, is staying put. The Saints signed him to a 4-year extension worth up to $132 million, including $90 million guaranteed, per ESPN's Adam Schefter. Agents Drew and Jason Rosenhaus handled the deal.

The guaranteed money is notable given Olave's injury history. He missed roughly half of the 2024 season with concussions and missed the 2025 season finale with a blood clot in his lungs. The Saints committed anyway, and that says a lot about how they view him.

For context on where this lands in the wide receiver market, Schefter noted all four notable Ohio State receivers from the 2022-2023 draft classes have now received major extensions:

• Jaxon Smith-Njigba, WR, Seattle Seahawks: 4 years, $168.6M
• Chris Olave, WR, New Orleans Saints: 4 years, $132M, $90M guaranteed
• Garrett Wilson, WR, New York Jets: 4 years, $130M
• Terry McLaurin, WR, Washington Commanders: 3 years, $97M

What Olave's 2025 season showed

Olave put together his best year in 2025: 100 receptions on 156 targets, 1,163 yards, 9 touchdowns across 16 games. That earned him second-team AP All-Pro honors. The production is real, and the Saints are paying accordingly.

Fantasy impact

Olave goes into 2026 redraft and dynasty leagues with no contract noise, no trade speculation, and no depth chart ambiguity. He is the Saints' WR1, full stop. The health questions are still there, as they have been throughout his career, and that is the only meaningful risk factor when you roster him.

In dynasty, the extension actually helps his value. He's 25 or 26 years old, locked in for four more years, and coming off a season that confirmed his WR1 ceiling. Price him accordingly on your dynasty trade board.