Bear Den 2007-2008 (Official Chicago Bears Discussion thread)

[Altimus]

I like brining Vasher back. This year might be the year he does some real damage.

[poster]

Looks like the Bears signed Olsen. Good news.

http://www.profootballtalk.com/rumormill.htm


FIRST OF THE FIRST-ROUNDERS AGREES TO TERMS

A league source tells us that the Chicago Bears have reached an agreement with first-round draft pick Greg Olsen.

Olsen, the 31st overall selection in the 2007 draft, is the first first-rounder this year to come to terms.

The tentative terms, subject to change as the deal is fully ironed out, are as follows:

In 2007, he gets a signing bonus of $250,000, a $720,000 roster bonus, and a base salary of $285,000 in 2007.

The contract also has a one-time incentive based on minimum playing time of $578,700. For 2007, the trigger is 35 percent of the offensive snaps. For future years, it is 45 percent.

In 2008, there's an option bonus of $3.545 million and a base salary of $460,000.

In 2009, the base salary is $460,000, and Olsen is eligible for a $100,000 reporting/roster bonus that is earned at the start of training camp and paid out over the course of the regular season. (We'll explain the genesis of this new bonus later.)

In 2010, the base salary is $550,000, and the reporting/roster bonus is $140,000.

In 2011, the base salary is $650,000, and the reporting/roster bonus is $125,732.

The total value, including possible incentives of up to $2.921 million, is $10.69 million over five years.

Olsen is represented by Drew Rosenhaus, who also represents franchise-tagged Bears linebacker Lance Briggs. Apparently, the rancor between the team and Briggs hasn't affected the organization's ability to work with Rosenhaus.

Olsen played college football at Miami. He jumped into round one thanks to a sub-4.5 40-yard dash at the scouting combine in February. After he was selected by the Bears, a firestorm was sparked in Chicago due to his involvement in the rap group called the "7th Floor Crew," which had a song with profane lyrics posted on a MySpace.com page.

[edubbz708]

great

now he can concentrate on football and becoming a threat for us

[feeq14]

wow i cant remember a year where we had all of our draft picks signed so quickly

[edubbz708]

i heard on nfl network that the bears have offered briggs a contract...but its a positive that both sides are talking again

[poster]

Bears ink Peanut to 6 year extension. Looks like we will have stability at the CB position.

http://chicagosports.chicagotribune....home-headlines

From PFT:

BEARS PAY PEANUT

Adam Schefter of NFL Network reports that the Chicago Bears have struck a deal with cornerback Charles Tillman on a contract extension.

It's a six-year extension worth $41.5 million, and the contract includes $18.5 million in guaranteed money. Tillman is signed through 2013.

Last month, the Bears signed cornerback Nathan Vasher to a six-year, $28 million contract, with $14 million in bonuses and a total payout of $15.6 million through 2008. Vasher is under contract through 2012.

Still waiting for a long-term deal (and we hope he's not holding his breath) is linebacker Lance Briggs, the team's franchise player. Briggs has been tendered a one-year deal worth $7.2 million, but he has not yet accepted the offer.

[poster]

The Trib is saying the Bears and Briggs might get something worked out. Hopefully this is true.

[Jistic]

Quote: Originally Posted by poster

The Trib is saying the Bears and Briggs might get something worked out. Hopefully this is true.

Might as well, they've signed everyone else on D.