If I asked you right after the 2007 NFL Draft who you thought would be the first player selected in the first-round to sign, you probably would not have said Greg Olsen. Not because he is a former Miami Hurricane or because he is a tight end, but because his agent is Drew Rosenhaus. Looks like you were wrong (unless, of course, you did think it would be Olsen).
ESPN reports that Greg Olsen (the 2nd to last pick of the 1st round) has signed a rookie deal with the Chicago deal that is chock-full of bonuses, incentives, and escalators [Olsen, Bears work out unique five-year deal]. The maximum amount that Olsen will be paid over the next 5 years is $10.696 million. Let the games begin.
It happens every year. The first-round selections are the last players to be signed by their respective teams. Negotiations for many of the players selected in the first-round have not even begun. Now that the first player has been inked, you will start to hear about first-round selections signing with teams every week.
The Chicago Sun-Times reports, “Only about 60 of 255 leaguewide draft picks have signed, yet the Bears have signed eight of their nine.” [Olsen in the fold] It seems like the Bears know a little something about signing their picks. If only Rosenhaus could get the Bears and his client, Lance Briggs, to get along..
-Darren Heitner
One reply on “Greg Olsen Is The First First To Sign”
[…] year’s NFL draft to sign, I reported that it was full of bonuses, incentives, and escalators [Greg Olsen Is The First First To Sign]. The escalators had been the breaking point in the Brady Quinn negotiations until yesterday, when […]