The New York Post's Andrew Marchand reported Fox Sports signed a deal with Olsen that will see him work alongside Kevin Burkhardt as the network's No. 2 game analyst.
Olsen told The Athletic's Joseph Person in January he was weighing all of his options for 2020 when it came to playing or retiring and moving to broadcasting. Person added that he "has also been offered full-time broadcast opportunities with multiple networks."
Olsen signed a one-year, $7 million deal with the Seahawks, so he could join Fox as early as 2021. According to Marchand, Fox would continue to hold a spot for him if he decided to play next year as well.
This isn't the first time a major network worked proactively to address its NFL coverage. Marchand reported in April that NBC Sports had agreed to a deal with New Orleans Saints star Drew Brees. Unlike Olsen, Brees will initially work Notre Dame games and serve as an in-studio analyst while preparing to eventually succeed Cris Collinsworth on Sunday Night Football.