Bears trade Greg Olsen to Panthers

And just like that there is one tight end remaining with the Chicago Bears of the four who were on the roster a season ago.

The Bears traded former first-round draft pick Greg Olsen to the Carolina Panthers for a player (not Steve Smith, according to a league source) and a draft pick, just one of three moves the team made at the position today. The specific compensation is not yet known.

Veteran Brandon Manumaleuna, signed to a $15 million, five-year contract a year ago was released before he was due a $1 million signing bonus. Manumaleuna pocketed $6.105 million last season. The team agreed to terms with Matt Spaeth, the former Pittsburgh Steeler, on a contract as well.

That leaves Kellen Davis as the only holdover in the position room from last season as the contract of veteran Desmond Clark expired. The Bears could still add another tight end.

Olsen, who had one year remaining on his contract and agreed to an extension with the Panthers, goes to Carolina where he will team with another former University of Miami star, Jeremy Shockey. It gives rookie quarterback Cam Newton another weapon as the Panthers hope to rebuild quickly. Carolina offensive coordinator Rob Chudzinski held the same position for the Hurricanes when Olsen transferred there from Notre Dame in 2003.

Olsen had concerns about Mike Martz’s offense a year ago but seemed to grow into it. Apparently, the Bears didn’t see a bright enough future for him to entertain the idea of extending his contract themselves. Thus, the trade.

Follow me on Twitter: @BradBiggs

Brad Biggs covers the Bears for the Chicago Tribune

Upcoming Games

Dec 2nd, 3:40 PM

Baltimore +10 -110

Pittsburgh -10 -110

@

Dec 6th, 1:00 PM

Cleveland +5.5 -110

Tennessee -5.5 -110

@

Dec 6th, 1:00 PM

Indianapolis -3 -105

Houston +3 -105

@

Dec 6th, 1:00 PM

Detroit +3 -110

Chicago -3 -110

@

Dec 6th, 1:00 PM

Jacksonville +9.5 -110

Minnesota -9.5 -110

@

Dec 6th, 1:00 PM

Las Vegas -7.5 -110

NY Jets +7.5 -110

@

Dec 6th, 1:00 PM

New Orleans -3 -105

Atlanta +3 -105

@

Dec 6th, 1:00 PM

Cincinnati +11.5 -110

Miami -11.5 -110

@

Dec 6th, 4:05 PM

NY Giants +10 -110

Seattle -10 -110

@

Dec 6th, 4:05 PM

LA Rams -3 -110

Arizona +3 -110

@

Dec 6th, 4:25 PM

New England 0 -110

LA Chargers 0 -110

@

Dec 6th, 4:25 PM

Philadelphia +9.5 -110

Green Bay -9.5 -110

@

Dec 6th, 8:20 PM

Denver +14 -110

Kansas City -14 -110

@

Dec 7th, 5:00 PM

Washington +9.5 -110

Pittsburgh -9.5 -110

@

Dec 7th, 8:15 PM

Buffalo -2.5 -105

San Francisco +2.5 -105

@

Dec 8th, 8:05 PM

Dallas

Baltimore

@