Why the Saints aren’t rushing Chris Olave’s extension — Loomis reveals the real plan
Chris Olave’s contract situation: Will the New Orleans Saints give him a new deal?Mickey Loomis has indicated that there are no immediate plans for a contract extension. “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,” Loomis said back in May.
Photo by Kevin Sabitus/Getty Images Chris Olave’s contract situation: Will the New Orleans Saints give him a new deal? Mickey Loomis has indicated that there are no immediate plans for a contract extension. “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,” Loomis said back in May.
This isn’t just background noise anymore. After an offseason where the team reshaped both its cap and roster structure, this is now their next major decision. Olave is already under contract for 2026 through his $15.
49 million fifth-year option. The Saints could stick with that figure for one year, but they may want to get ahead of a rising market and turn that number into a longer-term deal now. The question feels even more important after the season Olave just put together.
He finished the 2025 campaign with 100 catches for 1,163 yards and nine touchdowns – a clear sign he was back to full speed after injuries slowed him down in 2024. Performances like that tend to give players plenty of leverage in these discussions. Photo by Sean Gardner/Getty Images Olave has proven he’s worth investing in He’s already produced three 1,000-yard seasons in his first four years, and the Saints didn’t draft Jordyn Tyson with the eighth pick to replace him.