Rumors swirling about earlier in the offseason that Pro Bowl tight end Greg Olsen might retire can now be completely thrown out the window.
According to ESPN’s Adam Schefter, the Carolina Panthers are signing Olsen to a massive two-year extension that could make him the league’s highest-paid tight end.
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
Olsen, 33, missed nine games last season with a broken foot. Prior to that, the former Chicago Bears’ first-round pick had tallied three consecutive 1,000-yard campaigns for the Panthers. He remains former MVP Cam Newton’s favorite target in the passing game.
With a deal that could potentially reach north of $10 million annually, Olsen would overtake new Packers tight end Jimmy Graham as the highest-paid player at that position.