Latest On Panthers TE Greg Olsen

When Panthers GM Dave Gettleman gets back from vacation this week, his first order of business will be to work on an extension with linebacker Thomas Davis, a source tells Joseph Person of the Charlotte Observer. Meanwhile, the team has not discussed a new deal with tight end Greg Olsen and Gettleman has yet to show any indication that he is willing to give him a reworked contract. Greg Olsen/Thomas Davis (vertical)

Olsen is hoping for a new deal that will reflect his status as one of the game’s most productive tight ends. The 32-year-old is scheduled to earn base salaries of $6.5MM in the next two seasons while counting for $10.35MM and $9.75MM on the Panthers’ salary cap in those respective years. The three-year extension that Olsen signed prior to the 2015 season included a $12MM signing bonus, so the Panthers might not be so quick to give him additional money for the next two years.

Recently, when discussing his contract situation, Olsen did not rule out the possibility of a training camp holdout. Over the weekend, agent Drew Rosenhaus also hinted at the possibility, cautioning that players like Olsen do not want to “exercise” their “leverage” unless it’s necessary. If Olsen skips camp, he’ll be docked $40K for every day he misses.

Davis, 34, said earlier this summer that he is hoping for an extension that will take him beyond 2017. The veteran is coming off of his second straight Pro Bowl appearance after totaling 106 tackles, three picks, and two fumble recoveries.

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