Greg Olsen

Tight End

  • 2018 Salary Cap Charge: $7,950,000
  • % of 2018 Team Cap: 4.33%
  • 2018 Cash Payout: $12,350,000
  • % of 2018 Team Cash Spending: 6.97%
  • 2018 Cash to Cap Ratio: 1.55
  • Total Contract Value: $17,100,000
  • Annual Contract Value: $8,550,000
  • Position Ranking: 0/81 at TE
  • Fully Guaranteed Money: $12,115,000
  • Age: 33
  • Height: 6' 5"
  • Weight: 250
  • College: Miami
  • Accrued Seasons: 11
  • Entry: 2007 Draft, Round 1, #31 overall (Bears)
  • Year Signed: 2018
  • Contract Type: Extension
  • Free Agency: 2021 (UFA)

Contract Notes

Greg Olsen signed a two year, $17.1 million contract extension with the Panthers on April 26, 2018.  Olsen received a signing bonus of $11.1 million and his 2018 base salary is now guaranteed. Olsen can earn $1 million roster bonuses in 2019 and 2020. The contract has annual $500,000 workout bonuses. The extension created $1.8 million in cap room for the Panthers in 2018.

Current Contract

YearAgeBase Salary (Guaranteed)BonusesCap
Number
Cap %
Dead Money & Cap Savings
ProratedRosterWorkoutOther
201833$1,015,000 $1,015,000$6,700,000$0$235,000$0$7,950,0004.5%
201934$1,900,000$3,700,000$1,000,000$500,000$0$7,100,0003.7%
202035$6,600,000$3,700,000$1,000,000$500,000$0$11,800,0005.9%
Total$9,515,000$14,100,000$2,000,000$1,235,000$0$26,850,000
Embed This Contract
<iframe src="https://overthecap.com/contract-embed/1164/" width="600" height="275" frameborder="0" scrolling="no"></iframe>
Career Earnings: $57,548,718
Career APY: $5,231,702
Potential Earnings: $70,298,718
Total Guarantees: $31,863,750
Largest Cash Payment: $13,000,000 (2015)
Largest Cap Hit: $12,100,000 (2017)

Contract History

TeamContract TypeStatusYear SignedYrsTotalAPYAmount Earned% EarnedEffective APY
BearsDraftedTraded20075$7,774,450$1,554,890$6,998,71890.0%$1,749,680
PanthersExtensionRenegotiated20114$22,800,000$5,700,000$18,200,00079.8%$4,550,000
PanthersExtensionRenegotiated20153$22,500,000$7,500,000$21,250,00094.4%$7,083,333
PanthersExtensionActive20182$17,100,000$8,550,000$11,100,00064.9%$0
Earnings By Team
TeamYrsSalaryAPYPaid on Cap% Paid on CapPaid as Dead Money% Paid as Dead Money
Bears4$6,998,718$1,749,680$5,483,7500.0%$936,2500.0%
Panthers7$50,550,000$7,221,429$38,200,0000.0%$00.0%

Salary Cap History    

YearTeamBase Salary (Guaranteed)BonusesCap
Number
Cap %Cash Due
ProratedRosterWorkoutOther
2007Bears$285,000 $715,000$50,000$720,000$0$0$1,055,0001.0%$1,833,718
2008Bears$370,000$936,250$0$0$0$1,306,2501.1%$3,915,000
2009Bears$460,000$936,250$100,000$0$0$1,496,2501.2%$560,000
2010Bears$550,000$936,250$140,000$0$0$1,626,250--$690,000
2011Panthers$700,000$500,000$0$0$0$1,200,0001.0%$3,200,000
2012Panthers$700,000$1,700,000$0$0$0$2,400,0002.0%$5,500,000
2013Panthers$750,000$2,300,000$0$250,000$0$3,300,0002.7%$4,000,000
2014Panthers$5,250,000$2,300,000$0$250,000$0$7,800,0005.9%$5,500,000
2015Panthers$900,000$5,300,000$0$100,000$0$6,300,0004.4%$13,000,000
2016Panthers$1,250,000$3,600,000$0$250,000$0$5,100,0003.3%$1,500,000
2017Panthers$6,500,000$3,600,000$0$250,000$1,750,000$12,100,0007.2%$6,750,000
2018Panthers$1,015,000 $1,015,000$6,700,000$0$235,000$0$7,950,0004.5%$12,350,000
2019Panthers$1,900,000$3,700,000$1,000,000$500,000$0$7,100,0003.7%$3,400,000
2020Panthers$6,600,000$3,700,000$1,000,000$500,000$0$11,800,0005.9%$8,100,000
Total$27,230,000$36,258,750$2,960,000$2,335,000$1,750,000$70,533,750 $70,298,718
Dead Money History
TeamYearCap ChargeCash Paid
Bears2011$936,250$0
Total$936,250$0

Statistics

YearGames PlayedSnapsReceivingRushingFumbles
OffenseSpecialRecYardsAvgTDAttYardsAvgTDTotalLost
20111682.7%0.0%4554012.05000.0011
20121697.8%1.1%6984312.25000.0000
20131697.2%0.9%7381611.26000.0000
20141696.6%0.2%84100812.06000.0010
20151695.9%0.6%77110414.37000.0011
20161693.1%0.8%80107313.43000.0000
2017734.0%0.5%1618111.31000.0000
201818.0%0.0%23316.50000.0000

Financial Reports

Yearly Cap Charge vs. Dead Money (pre-June 1 cut)
Positional Comparisons to League Average