Ogletree, 27, signed a one-year contract worth $730,000 back in October of last year. He wound up appearing in seven games and caught five passes for 50 yards and no touchdowns.
Pro Football Focus has him down for playing just 96 total snaps last season and to go along with a negative rating of -1.6.
This could end up being a minimum contract based on this service time in the NFL. Ogletree may still have to compete for a roster spot in training camp.