New Orleans Saints wide receiver Chris Olave has agreed to a four-year contract extension worth up to $132 million, making him one of the highest-paid players at his position in the NFL. The deal, announced after a training camp hold-in, surpasses the previous Saints record for a wide receiver set by Michael Thomas in 2019.
Olave, who earned second-team All-Pro honors in 2025, will now rank among the league’s top-earning wideouts. The extension locks in a key offensive weapon for the Saints, who drafted Olave in the first round of the 2022 NFL Draft. Over his first three seasons, the 25-year-old has emerged as a consistent deep threat and reliable target, culminating in his breakout 2025 campaign.
The contract is reportedly worth up to $132 million, with incentives that could push the total value higher. Olave’s new deal underscores the Saints’ commitment to building around their young core as they aim to contend in the NFC South.