Posted Thu Jul 23rd by Monty
UPDATE: The Broncos announced the signing, making it official. They also released undrafted rookie receiver David Grimes. Press release after the jump.
Sources close to the negotiations indicate the Denver Broncos have agreed to terms with 4th round OG Seth Olsen. According to rotoworld.com, it’s a four-year deal with a $415,000 signing bonus.
The rotoworld blurb says the drafting of Olsen is “more evidence that they’re moving away from their old zone-blocking scheme.” Don’t listen to that nonsense; we kept offensive line coach Rick Dennison and running back coach Bobby Turner for a reason.
This leaves six of ten draft picks unsigned, including the Broncos’ top four selections. Rookies report on Monday, July 27th.
BRONCOS SIGN 2009 NFL DRAFT CHOICE G SETH OLSEN; WAIVE WR DAVID GRIMES
ENGLEWOOD, Colo. — The Denver Broncos on Thursday signed guard Seth Olsen, whom they selected in the 2009 NFL Draft. As per club policy, terms of the deal were not disclosed.
The club also waived rookie wide receiver David Grimes.
Olsen (6-foot-5, 308 pounds), who was chosen by Denver in the fourth round (132nd overall) of the 2009 NFL Draft, played 48 career games (34 starts) in four seasons at the University of Iowa. Olsen earned first-team All-Big Ten honors and several All-America accolades as a senior for Iowa. He blocked for running back Shonn Greene, who ranked second in the nation with a school-record 1,850 rushing yards and won the Doak Walker Award (nation’s best running back) in 2008.
The guard received honorable mention All-Big Ten Conference honors in his third season as he appeared in 12 games (11 starts) for the Hawkeyes.
Olsen helped Millard North High School in Omaha, Neb., to a 36-2 record in his three seasons as a starter, including three consecutive undefeated conference seasons and the 2003 Nebraska state championship. He was born on Dec. 17, 1985.