Bears signed first-round TE Greg Olsen to a five-year, $7.769 million contract. The deal includes a $250,000 signing bonus and can reach $10.69 million in net worth if the former Miami (FL) Hurricane hits all the incentives.
He is due a $3.545 million option bonus in 2008. Olsen is expected to be a solid fantasy tight end once he develops. However, he’ll start out behind the well-rounded Desmond Clark on Chicago’s depth chart. John Gilmore, who is a superior blocker, may even get more snaps than the rookie early on.