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Greg Olsen Restructures Contract With Panthers

Posted By News Desk On March 1, 2013 @ 1:16 PM In NFL | No Comments

[1]A league source tells PFT that Olsen, who was initially owed a $3.75 million base salary, will now get a $3 million option bonus and a $750,000 base salary. The option bonus will be due between the first and 10th day of the league year, which begins March 12.

The move will save the Panthers $2.4 million on this year’s salary cap.

Olsen, who also restructured his contract to save the Panthers some cap room last year, is coming off a 2012 season in which he started all 16 games and had a career-high 69 catches for a career-high 843 receiving yards.

For more on this story visit: Michael David Smith, NBC Sports Pro Football Talk [2]

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[1] Image: http://www.sportstalkflorida.com/greg-olsen-restructures-contract-with-panthers/panthers_greg_olsen_2013/

[2] Michael David Smith, NBC Sports Pro Football Talk : http://profootballtalk.nbcsports.com/2013/03/01/greg-olsen-restructures-contract-with-panthers/

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