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Former Panthers TE Greg Olsen signs 1-year, $7M deal with Seahawks, sources say

By WSOCTV.com News Staff

Greg Olsen (Michael Reaves/Getty Images)

By WSOCTV.com News Staff

CHARLOTTE, N.C. — Former Carolina Panthers tight end Greg Olsen will still play in the NFL. He signed a one-year, $7 million deal with the Seattle Seahawks, sources said Tuesday.

The contract includes a $5.5 million guarantee with the Seahawks.

Olsen was finalizing the contract with the Seahawks Tuesday night.

Olsen was released by the Panthers earlier this month after nine seasons with the team amid a rebuilding process under first-year coach Matt Rhule.

The 13-year veteran ranks fifth among tight ends in receptions (718) and yards receiving (8,444). He had 6,463 yards receiving and caught 524 passes in nine years with Carolina, the most by any Panthers tight end.

?Mr. Reliable? Greg Olsen?s playing days with Panthers over after 9 seasons ?Mr. Reliable? Greg Olsen?s playing days with Panthers over after 9 seasons

Olsen had 52 catches for 697 yards and two touchdowns last season for the Panthers.

The 34-year-old Olsen chose the Seahawks after visiting with the Buffalo Bills and former coach Ron Rivera, now with the Washington Redskins. Olsen has also been weighing a future in television broadcasting.

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A two-time finalist for the Walter Payton Man of the Year Award, Olsen was one of the most popular players on the Panthers for the better part of the last decade. Olsen made it clear late last season he wasn't willing to stick around for a rebuild because he wanted to win a Super Bowl.

The Seahawks finished 11-5 last season.

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