Greg Olsen to sign two-year extension with Panthers
Carolina Panthers?tight end? Greg Olsen will sign a two-year contract extension Thursday worth $8.55 million per season, with an annual maximum value of up to $10.05 million, a source told ESPN's Adam Schefter.
Olsen, who last month interviewed for the Monday Night Football analyst job previously held by Jon Gruden, was entering the final season of a three-year extension he signed in March 2015.
He told ESPN recently that he wanted an extension with the Panthers and that he would prefer to end his career in Carolina.
Olsen, 33, missed nine games last season with a broken foot suffered in Week 2. It was the first time since his rookie season with the Chicago Bears that he missed a game and the first time since his first season with the Panthers (2011) that he missed a start.
Olsen is the only tight end in NFL history to have three consecutive seasons (2014-16) with at least 1,000 yards receiving.
The timing of the extension, on the eve of the NFL draft, is interesting. Now the Panthers might not be in the market for a tight end with the 24th pick.
According to a source, however, "nothing is off the table" in the first round, including tight end.
That doesn't mean the Panthers will select South Carolina tight end Hayden Hurst, as was predicted on Tuesday night in the ESPN.com NFL Nation mock draft. They have plenty of other needs that are more pressing. A tight end to play opposite Olsen could be considered a luxury pick, even though Carolina plays a lot of two-tight end sets and has no proven backup to Olsen after letting Ed Dickson go to Seattle in free agency.
The Panthers still have needs for a safety, wide receiver and a possibly a center-guard.
Players who potentially could be available with their pick to fill those needs are Stanford safety Justin Reid, Maryland wide receiver D.J. Moore or UTEP guard Will Hernandez.
Information from ESPN's David Newton was used in this report.
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