ESPN’s Adam Schefter reports that the Panthers have agreed to add $2 million in incentive to TE Greg Olsen’s contract.
Olsen, 32, is entering the third year of a four-year, $27.75 million contract and is set to make a base salary of $6.5 million over the course of the final two years of his deal.
In 2016, Olsen appeared in all 16 games and caught 80 passes for 1,073 yards receiving and three touchdowns for the Panthers. Pro Football Focus has him rated as the No. 3 tight end in the league out of 63 qualifying players.