The Carolina Panthers continue to take care of their own this summer. After signing veteran linebacker Thomas Davis to an extension earlier in August, the Panthers spent Thursday handing out a raise to Pro Bowl tight end Greg Olsen.
According to ESPN’s Adam Schefter, the team has restructured Olsen’s contract to give him an ability to earn an extra $2 million based on incentives this season.
Panthers added $2 million in incentives to TE Greg Olsen's contract, per source.
— Adam Schefter (@AdamSchefter) August 31, 2017
Olsen, 32, had two more years left on his deal at a base salary of $6.5 million per season. Now, with the restructure, the three-time Pro Bowl can earn nearly $9 million in 2017.
It’s money Olsen has definitely earned. Coming off a 2016 campaign that saw him put up 80 receptions for 1,073 yards, Olsen has proven himself to be among the top pass-catching tight ends in the NFL.