The lock captained Tigers for the primary time of their season opener at Exeter in August, however has featured solely 4 occasions thus far this time period due to an damage suffered whereas coaching with the nationwide facet.
Since making his senior debut for Tigers in 2020, he has made 60 appearances for the membership.
Leicester head coach Michael Cheika mentioned it was “actually necessary for the membership” that Chessum dedicated his future to the East Midlands facet.
“Ollie is 24, residence grown, has Leicester Tigers in his blood and is a high-quality participant,” Cheika mentioned.
“He has been launched to a management function inside the workforce earlier this season and confirmed good abilities given the chance. I am very blissful he can be a part of the membership these coming seasons.”