Panthers Extend Greg Olsen

[RelaxImaPro]

Man that makes me sad.  I didn't even realize TD was about to turn 32.

[updownsigma]

As a side note, this is Gman's first major extension, no? Wonder how Hurney would have handled this, probably 5 years and structured so it would be more expensive to cut him as time went on or something dumb. (Not that I see us having to cut Olsen in the next 3 years, obviously.)

 

Also, this may have already been discussed in this thread, but according to Spotrac, his 2015 cap hit is 10M and after that its 3M/year? If so that's brilliant, lets us take advantage of our extra cap space this year and gives us major flexibility for Cam/Luke's cap hits in 2016 and beyond.

[Kuech the Sneak]

TD has basically 2.5 years off with the knee injuries so the rest of his body is much fresher than your average 32 year old

[Squirrel]

TD has basically 2.5 years off with the knee injuries so the rest of his body is much fresher than your average 32 year old

Except for his knees.

[TheSpecial1]

Great news. Love the guy. An absolute class individual.

[top dawg]

Will save about $1.5 million in cap room at the most assuming the 3 years are added onto the end of his current contract meaning he has 4 years left on his deal. If it replaces his current deal and he is under contract for 3 more years, it saves about $500k. It's not much at all really because of the big signing bonus.

Thanks for answering.

[PantherPhann89]

Great news, I'm glad to see Olsen finish his career with the Panthers...

[ladypanther]

AWESOME!!!

[TheSpecial1]

Right, if it's an extension it saves approx. $1.5 - $2 million of cap space this year.

[Kuech the Sneak]

Except for his knees.

*knee, but yeah I know that's why I said the rest of his body

[Carolina Cajun]

Next?

...sigh...ain't happenin.

[pantherclaw]

Awesome news. Glad it got done.

Much love for Greg Olsen and his family.

[Frank Hollywood]

...sigh...ain't happenin.

I wish they would though....

Low cap hit year 1 and cut CJ in a year or two.

I'm thrilled about the Olsen extension though.

[stirs]

I guess I am the Huddle tightwad but this makes him 3rd in the league in average salary?

 

I have nothing against him and hope he retires here, but being ahead of Witten?  I don't know, I guess in my world the team cap would be like $67 million or something and we would never sign a soul, but I try never to get too enthused for any player when we are spreading cash around.

 

He is a team leader, community leader, incredible player, etc.  I will crawl back under my rock now.