The New Orleans Saints made a major contract decision on Wednesday afternoon, as general manager Mickey Loomis announced that they'll be picking up the fifth-year option on wide receiver Chris Olave.
The No. 11 overall pick in the 2022 NFL draft, like all first-round picks, automatically has a standard fifth-year team option on his contract. Liking what they've seen in Olave so far, the Saints are picking his up. Loomis also told reporters that they don't plan to pick up the option for offensive tackle Trevor Penning, whom they also drafted in the first round in '22.
