Slow news day in the sports world as the Carolina Panthers have inked tight end Greg Olsen to an extension. Per the David Newton of ESPN, Olsen signed a three year extension worth $22.5 million. The extension carries with it an average salary of $7.5 million and a $12 million dollar signing bonus.
The #Panthers have signed TE @gregolsen88 to a three-year contract extension through 2018: http://t.co/tIKnfpEtuK pic.twitter.com/382H03Afoe
— Carolina Panthers (@Panthers) March 5, 2015
Im blessed to announce Ive signed a 3yr extension! I’m honored to call this home pic.twitter.com/9KQBwNMLKk — Greg Olsen (@gregolsen88) March 5, 2015
Thanks Mr Richardson, Mr Gettleman, Coach Rivera & the entire organization. Thankful for my coaches and teammates. Couldnt be more thankful
— Greg Olsen (@gregolsen88) March 5, 2015
TE @gregolsen88‘s comments on contract extension with #Panthers. MORE: http://t.co/tIKnfpEtuK pic.twitter.com/57ZDwYYexn — Carolina Panthers (@Panthers) March 5, 2015
It’s official! RT to congratulate @gregolsen88 on his extension with the #Panthers! pic.twitter.com/KCbon1sOZh
— Carolina Panthers (@Panthers) March 5, 2015
Olsen was scheduled to enter the final year of his contract this season but the extension could keep him in Carolina through 2018. An underrated player and rising star, Olsen made his first pro bowl last season. He will turn 30 on March 11.
The former Miami Hurricane was drafted by the Chicago Bears in the first round (31st overall) of the 2007 NFL Draft. On July 28, 2011 the Bears traded Olsen to the Carolina Panthers in exchange for a 2012 third round draft pick. Jerry Angelo, the Bears GM at the time, would later admit the trade was a mistake for the Bears.
