Greg Olsen on contract: Business should reflect productivity

AP

Panthers tight end Greg Olsen is under contract through the end of the 2018 season, but his desire for another deal became a topic during last week’s minicamp.

Olsen was asked if he hoped the Panthers would rework his deal, which calls for him to make $6.5 million in base salary in each of the next two seasons, and said that he thought it would be ideal if that happened. He repeated that on a podcast with Adam Schefter of ESPN and said that he feels his durability (Olsen has not missed a game since 2007) and productivity should have him at the top of the pay scale at the position.

Olsen added that he feels “business should reflect productivity” and Schefter asked him if he would hold out of training camp in an effort to get a new contract from the Panthers.

I think it’s early right now,” Olsen said. “As the summer goes on and we get some feedback from the organization on how they feel, we’ll make the best decision we can. I’d be lying if I didn’t say that we feel very strongly about where we should be in that totem pole of top tight ends. I’d be hard pressed to find anybody who could make a reasonable argument to the contrary.”

Olsen said that there’s not a negative environment around the Panthers and “no fighting” with the team about his contract, although it sounds like there’s at least some chance that could change later this summer.

21 responses to “Greg Olsen on contract: Business should reflect productivity

  1. If you want to be able to go back every few years and ask for more money, don’t sign a 4 or 5 year contract. Julian Edellman’s last two contracts were 3 years, and he never had to complain he was underpaid.

  2. On the surface I agree. His productivity probably means he deserves to get some more money. However, let’s look at what he said. He thinks he’s getting cheated because his base salary is “only” $6.5M. That doesn’t tell the entire story. Players often fail to take into account the signing bonus. In 2015 he signed a three-year extension for $22M which included a $12M signing bonus. So, he may say he’s “only” making $6.5M his cap number is over $10M because of the signing bonus ($3.6M pro-rated cap number) and a $250K workout bonus. If you consider the cap number, which more accurately reflects his compensation, his deal doesn’t look so bad.

  3. If teams can cut players as soon as it is convenient for them to do so, then players should and MUST hold out when they have the leverage to do so.

    This is a brutal sport and teams make it clear year in and year out that they will cast players to the side as soon as it benefits them to do so.

    Teams do not “honor” the terms of the agreements so players should not worry about it either.

    If contracts were fully guaranteed, then it would be a different story.

  4. The answer is simple for the Panthers. Do what the Pats did for Gronk. Don’t redo the contract, but rather add to his incentive package.

    In other words, if he’s on the field and productive, he gets more money. That way both the player and team win. The player gets top TE money and the team plays for real time production and not for past performance.

  5. “If you want to be able to go back every few years and ask for more money, don’t sign a 4 or 5 year contract. Julian Edellman’s last two contracts were 3 years, and he never had to complain he was underpaid.”

    He didn’t. Olsen signed a three year contract last.

  6. He should be communicating all of that BEHIND closed doors … not the press. Say what you will about Cam Newton; the dude was a total pro and protective of the Panthers’ front office when he negotiated his elite contract. The only vibe the press got from Cam was, “This will take care of itself.”

  7. With the addition of Christian McCaffrey’s pass catching skills. Now would be a good time to deal Olsen. Olsen isn’t getting any younger at 32. He will soon resemble what Jason Witten is now. Unpopular decision to trade him now? Yes. Smart move? Definitely Yes.

  8. How about this: $3.5 million incentives for these bench marks. 60+ Catches, 800 Yards, 8 TDS

    And if you struggle and hit these benchmarks: <35 Catches, <500 Yards <4 TDS, you forfeit $3.5 million in base salary

  9. Greg has been my FF TE for 4 years. His on the field performance makes him a commsumate professional and worthy of a top four salary. Hate it when he earns points against my defenseless Saints!

  10. tennesseeoilers says:
    Jun 21, 2017 11:41 AM

    He should be communicating all of that BEHIND closed doors … not the press. Say what you will about Cam Newton; the dude was a total pro and protective of the Panthers’ front office when he negotiated his elite contract. The only vibe the press got from Cam was, “This will take care of itself.”
    _____
    Well, he didn’t seek out a camera/microphone to say what he said last week. He was asked questions about it, and he answered them. Those answers sparked interest from Schefter, who asked more questions, and Olsen answered them. He hasn’t said anything outrageous or inflammatory, and at the same time has made his position clear. I don’t have a problem with what he has said.

    And considering how severely he has outplayed his contract, I agree with him. I think he should get extended before Trai Turner.

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