Saints GM Announces Decision on Pending Fifth-Year Options

Olave has been a bright spot on the Saints' offense, posting two 1,000-yard seasons in his first three years. Despite the star wide receiver's production since entering the league, there was uncertainty if New Orleans would pick up his option due to injuries. Olave has suffered four confirmed concussions in his NFL career, including two during the 2024 season.

By picking up Olave's option, the Saints are showing a commitment to keeping one of their core young pieces rostered and working towards a potential extension. With New Orleans likely to start a young quarterback in 2025, retaining a reliable target like Olave could be a key piece of development for the young passer.

Tackle Trevor Penning had a rough start to his career. From seeing minimal action as a rookie to being benched in his second year, it was always likely Penning's option could be declined. 

However, Penning showed growth after making a switch from left tackle to right tackle. While not flawless, Penning was able to start the entire 2024 season. He showed the potential to be a starting tackle for the Saints' future with dominating reps over pass rushers. 

Declining Penning's option doesn't mean he can't be a part of the team's future and Loomis made it clear by stating "that doesn't mean we don't love Trevor and expect him to be part of our team going forward." The Saints want to see another season of growth from the young tackle in 2025 and a possible extension could be worked out before he hits free agency in 2026.