Greg Olsen

Tight End

  • 2019 Salary Cap Charge: $6,662,500
  • % of 2019 Team Cap: 3.46%
  • 2019 Cash Payout: $3,400,000
  • % of 2019 Team Cash Spending: 2.50%
  • 2019 Cash to Cap Ratio: 0.51
  • Total Contract Value: $17,100,000
  • Annual Contract Value: $8,550,000
  • Position Ranking: 0/33 at TE
  • Fully Guaranteed Money: $12,115,000
  • Age: 33
  • Height: 6' 5"
  • Weight: 250
  • College: Miami
  • Accrued Seasons: 12
  • 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

Year Age Base Salary (Guaranteed) Bonuses Cap
Number
Cap %
Dead Money & Cap Savings
Prorated Roster Workout Other
2018 33 $1,015,000 $1,015,000 $6,700,000 $0 $235,000 $0 $7,950,000 4.5%
2019 34 $1,900,000 $3,700,000 $1,000,000 $500,000 $0 $6,662,500 3.5%
2020 35 $6,600,000 $3,700,000 $1,000,000 $500,000 $0 $11,800,000 5.9%
Total $9,515,000 $14,100,000 $2,000,000 $1,235,000 $0 $26,412,500
Embed This Contract
<iframe src="https://overthecap.com/contract-embed/1164/" width="600" height="275" frameborder="0" scrolling="no"></iframe>
Career Earnings: $58,798,718
Career APY: $4,899,893
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

Team Contract Type Status Year Signed Yrs Total APY Guarantees Amount Earned % Earned Effective APY
Bears Drafted Traded 2007 5 $7,774,450 $1,554,890 $5,248,750 $6,998,718 90.0% $1,749,680
Panthers Extension Renegotiated 2011 4 $22,800,000 $5,700,000 $2,500,000 $18,200,000 79.8% $4,550,000
Panthers Extension Renegotiated 2015 3 $22,500,000 $7,500,000 $12,000,000 $21,250,000 94.4% $7,083,333
Panthers Extension Active 2018 2 $17,100,000 $8,550,000 $12,115,000 $12,350,000 72.2% $12,350,000
Earnings By Team
Team Yrs Salary APY Paid on Cap % Paid on Cap Paid as Dead Money % Paid as Dead Money
Bears 4 $6,998,718 $1,749,680 $5,483,750 0.0% $936,250 0.0%
Panthers 8 $51,800,000 $6,475,000 $46,150,000 0.0% $0 0.0%

Salary Cap History    

Year Team Base Salary (Guaranteed) Bonuses Cap
Number
Cap % Cash Due
Prorated Roster Workout Other
2007 Bears $285,000 $715,000 $50,000 $720,000 $0 $0 $1,055,000 1.0% $1,833,718
2008 Bears $370,000 $936,250 $0 $0 $0 $1,306,250 1.1% $3,915,000
2009 Bears $460,000 $936,250 $100,000 $0 $0 $1,496,250 1.2% $560,000
2010 Bears $550,000 $936,250 $140,000 $0 $0 $1,626,250 -- $690,000
2011 Panthers $700,000 $500,000 $0 $0 $0 $1,200,000 1.0% $3,200,000
2012 Panthers $700,000 $1,700,000 $0 $0 $0 $2,400,000 2.0% $5,500,000
2013 Panthers $750,000 $2,300,000 $0 $250,000 $0 $3,300,000 2.7% $4,000,000
2014 Panthers $5,250,000 $2,300,000 $0 $250,000 $0 $7,800,000 5.9% $5,500,000
2015 Panthers $900,000 $5,300,000 $0 $100,000 $0 $6,300,000 4.4% $13,000,000
2016 Panthers $1,250,000 $3,600,000 $0 $250,000 $0 $5,100,000 3.3% $1,500,000
2017 Panthers $6,500,000 $3,600,000 $0 $250,000 $1,750,000 $12,100,000 7.2% $6,750,000
2018 Panthers $1,015,000 $1,015,000 $6,700,000 $0 $235,000 $0 $7,950,000 4.5% $12,350,000
2019 Panthers $1,900,000 $3,700,000 $1,000,000 $500,000 $0 $6,662,500 3.5% $3,400,000
2020 Panthers $6,600,000 $3,700,000 $1,000,000 $500,000 $0 $11,800,000 5.9% $8,100,000
Total $27,230,000 $36,258,750 $2,960,000 $2,335,000 $1,750,000 $70,096,250   $70,298,718
Dead Money History
Team Year Cap Charge Cash Paid
Bears 2011 $936,250 $0
Total$936,250$0

Statistics

Year Games Played Snaps Receiving Rushing Fumbles
Offense Special RecYardsAvgTD AttYardsAvgTD TotalLost
2011 16 82.7% 0.0%4554012.05000.0011
2012 16 97.8% 1.1%6984312.25000.0000
2013 16 97.2% 0.9%7381611.26000.0000
2014 16 96.6% 0.2%84100812.06000.0010
2015 16 95.9% 0.6%77110414.37000.0011
2016 16 93.1% 0.8%80107313.43000.0000
2017 7 34.0% 0.5%1618111.31000.0000
2018 9 40.6% 0.2%2729110.84000.0000

Financial Reports

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