WEDNESDAY, 10:52am: Having avoided restricted free agency this offseason, Olawale got a signing bonus of $760K on his new deal, with a $1.14MM roster bonus in 2016, tweets Ian Rapoport of NFL.com. According to Rapoport, the extension is worth $6MM in total.
TUESDAY, 4:51pm: The Raiders signed fullback/running back Jamize Olawale to a three-year contract extension Tuesday, according to the team’s website. Financial terms of the deal have not yet been disclosed.
Olawale, who went undrafted out of North Texas, joined the Raiders as a rookie in 2012 after they plucked him from the Cowboys’ practice squad. Olawale has since emerged as a key special teamer for the Raiders and has figured more into their offense this season, racking up career highs in touches (32) and total yards (180). He has also added a touchdown, giving him three for his career.