Adam Schefter of ESPN reports that the Seahawks are signing veteran TE Greg Olsen to a one-year, $7 million contract that includes $5.5 million guaranteed for the 2020 season.
Schefter says the lure of playing with Russell Wilson was “too strong.”
Olsen visited with the Bills, Redskins and Seahawks, but it appears as though Seattle proved to be his best option in the end.
It’s worth mentioning that signing Olsen to a contract will not factor into the Seahawks’ 2021 compensatory picks, given that he was released.
Olsen, 34, is a former first-round pick of the Bears back in 2007. He played four years for Chicago before he was traded to the Panthers in 2011.
Olsen was in the final year of a four-year, $27.75 million contract when he agreed to a two-year, $17 million extension back in 2018. He was set to make a base salary of $6.6 million for the 2020 season.
In 2019, Olsen appeared in 14 games for the Panthers and caught 52 passes for 597 yards receiving and two touchdowns.
We had him included in our Top 100 – 2020 Free Agents list.
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