Source: Ex-Panthers TE Greg Olsen joining Seahawks on 1-year deal

Former Carolina Panthers tight end Greg Olsen has agreed to terms on a deal with the Seattle Seahawks, the team announced Tuesday.

Terms weren’t released, but a source told ESPN’s Adam Schefter the deal is for one year and worth $7 million, with $5.5 million in guaranteed money.

Olsen visited with Buffalo, Seattle and Washington, and he felt most comfortable with the Seahawks, the source said.

Tight end was an area of need for the Seahawks, with Will Dissly coming off a ruptured Achilles tendon, his second major injury in as many NFL seasons. Veteran tight end Ed Dickson is a candidate to be released after missing most of his two seasons with Seattle due to injuries. Luke Willson, whom Seattle re-signed after trading Nick Vannett last year, is an unrestricted free agent. Jacob Hollister is a restricted free agent.

Because Olsen was released by Carolina, his addition won’t cost the Seahawks a compensatory pick.

Seahawks quarterback Russell Wilson posted a tweet later Tuesday expressing excitement over Olsen’s signing.

Source

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