Saints lock up Chris Olave with 4-year extension worth $132M after training camp hold-in

Chris Myers and Mark Schlereth praised the Atlanta Falcons and New Orleans Saints futures in a NFC South matchup.

New Orleans Saints star receiver Chris Olave agreed to a four-year extension worth $132 million with $90 million guaranteed, sources confirmed to OutKick’s Armando Salguero.

Olave was set to play the 2026 NFL season on his fifth-year option, and he was a hold-in at training camp because of it. He wanted a new deal before taking part in practices.

The Saints decided to reward their 2022 first-rounder with his desired extension before potential free agency in 2027.

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New Orleans Saints wide receiver Chris Olave walks on the sideline during the second half at Caesars Superdome in New Orleans Oct. 5, 2025. (Stephen Lew/Imagn Images)

Olave will remain a cornerstone piece for the franchise alongside new starting quarterback Tyler Shough, who was drafted in the second round in 2025.

This deal marks the highest the Saints have dished out to a receiver since Michael Thomas received a five-year pact worth up to $20 million per season in 2019. At the time, it was a record.

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Olave will be making $33 million per season, cementing him as one of the highest-paid receivers in the NFL.

The Ohio State product earned that during his rookie deal with the Saints, especially last season. In 16 games, Olave notched career highs in yards (1,163), touchdowns (nine) and receptions (100).

Chris Olave of the New Orleans Saints celebrates after a touchdown during a game against the Tennessee Titans at Nissan Stadium on Dec. 28, 2025, in Nashville, Tenn.  (Getty Images)

Olave started thriving