April 23, 2025
Saints general manager Mickey Loomis said Wednesday that the team plans to exercise the fifth-year option on Olave's (concussion) contract,
Katherine Terrell of ESPN.com reports.
ANALYSISOlave, a 2022 first-round pick, now will have his rookie contract run through 2026, with its final year projected at a guaranteed $16.8 million salary. The star wideout missed the final eight games of 2024 due to a concussion -- his second of the season -- though he did resume practicing in full for the regular season's final two weeks. New head coach Kellen Moore called Olave a "phenomenal player" at the 2025 NFL owners meeting in early April, per
Michael Rothstein of ESPN.com, expressing that the team has a plan moving forward to factor "the circumstances he is in" from a medical perspective.