Greg Olsen Reportedly Has $2M in Incentives Added to Panthers Contract

The Carolina Panthers reportedly added $2 million in incentives to tight end Greg Olsen's contract for the 2017 NFL season.

Ian Rapoport‏ of the NFL Network passed along the news Thursday and noted the bonuses are based on several categories, including catches, receiving yards and per-catch average. Adam Schefter of ESPN reported Olsen can now earn up to $8.75 million this season.

In June, Olsen explained on the Know Them From Adam podcast he wanted to restructure his contract, but also said the issue wasn't causing a rift between himself and the Panthers.

"This is not a negative environment," he told Schefter. "I've gone to all the OTAs, to all the minicamps. This is not by any means a toxic environment or a situation where the two sides seem fighting or anything like that. Has nothing to do with that. It's just strictly, business should reflect productivity, in our opinion."

He proceeded to confirm last month he planned to play out his current contract, which runs through the 2018 season, without holding out in search of a long-term extension.

Olsen has been one of the most productive players at the position throughout his 10-year career with the Panthers and Chicago Bears. He's caught 428 passes for 5,384 yards and 32 touchdowns in 96 games since joining Carolina ahead of the 2011 campaign.

The 32-year-old University of Miami product has earned three straight Pro Bowl selections and has been named to the Associated Press Second Team All-Pro squad each of the last two years.

Olsen should be in line for another strong statistical year as one of Cam Newton's top options in an aerial attack that features Kelvin Benjamin as its only other prominent target.