Extension Talks Ongoing Between Saints, WR Chris Olave

Saints head coach Kellen Moore said on Monday at the league meeting that extension talks with Chris Olave are ongoing. The sides have discussed a long-term deal as early as the start of the 2025 campaign. This offseason represents a logical time for an agreement to be reached, though.

“There’s conversations and that’s what this time of year is all about,” Moore said (via NOLA.com’s Matthew Paras). “That’s obviously the business side of this thing that inevitably comes up… It’s just about a working relationship for everyone, what works best for everyone and find a good situation.”

Olave has spent his first four seasons in New Orleans. During that time, he has topped 1,000 yards on three occasions. The one exception was 2024, a year in which the Ohio State product was limited to eight games. Due to his concussion history, Olave contemplated retirement following that season. Instead, he managed a healthy campaign this past year and set new career highs in receptions (100), yards (1,163) and touchdowns (nine) while thriving in Moore’s system and establishing chemistry with rookie quarterback Tyler Shough.

All three will remain in place for at least one more season, since Olave is owed $15.49MM in 2026 on his fifth-year option. The Saints elected to trade away Rashid Shaheed at the deadline this past fall in a move which allowed for draft compensation in exchange for a pending free agent. Olave was mentioned as a trade target as well, but it came as little surprise when he was retained. Committing to the 25-year-old coming off a healthy season would be an understandable move in New Orleans’ case.

Smith-Njigba reached $42.15MM per season on his Seattle extension. Olave is not in position to command a deal as lucrative as that, but a considerable raise will be in order if an agreement can be reached some time this offseason. As the Saints seek out additions at the WR spot, the progress of negotiations on this front will be worth monitoring closely.