Tight End Greg Olsen Signs Two Year Extension With Panthers

Source: Christopher Polk / Getty

If you thought Greg Olsen was leaving….think again. The tight end just signed a two year extension with the Carolina Panthers through 2020. The team made the announcement Thursday night.

According to a report from ESPN’s Adam Schefter,

Olsen’s two-year contract extension is worth $8.55 million per year, with a max value of $10.05 million per season. Olsen was set to enter the final year of a three-year deal with the Panthers this season with a base salary of $6.5 million.

Panthers’ TE Greg Olsen is signing a two-year extension today worth $8.55M per year with a max value of up to $10.05M per year, per source. Could make him NFL’s highest paid TE.

— Adam Schefter (@AdamSchefter) April 26, 2018

This deal could make Olsen the highest paid NFL tight-end. Olsen tried out for an analyst position with ESPN for Monday Night Football in March. But expressed that he wants to continue for the Panthers for several more seasons.

Lets try it another way

1) Team was first to know about ESPN Audition. Made it clear at that point my desire to play 3-5 more years with PANTHERS

2) Never gave team ultimatum regarding my contract or lack of commitment to this upcoming season

Now back to OTAs 🏃‍♂️🏋️‍♀️

— Greg Olsen (@gregolsen88) April 18, 2018

Olsen, who’s known for having a consecutive 1,000 yards season, snapped that record after suffering a broken foot in week 2 last season. After missing 8 games, the tight end ended the season with a career low of 191 receiving yards.

The Carolina Panthers kick off their regular season playing home against the Dallas Cowboys.

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