Drew Rosenhaus sent an email to all 32 NFL teams saying the Bears have authorized Rosenhaus, the agent for Greg Olsen, to seek a trade partner. Olsen is entering the final year of his contract and is not considered a high priority in the offense ran by Mike Martz.
I have no idea what the price would be for Olsen or if the Bears are actively looking to shop him. Rosenhaus did send a second email telling teams to disregard the first, but something had to have happened for the email to be sent in the first place.
Why we should get Olsen: He is a tight end that can stretch the field and has familiarity with Kyle Orton, the QB Miami is trying to acquire. Even though he is in the final year of his contract, he is likely to command less money than Zach Miller, the top free agent TE. Our rivals have some pretty good CBs with Darrelle Revis and Devin McCourty. Reports also indicate the Jets are trying to negotiate a deal for Nnamdi Asomugha, but that is a story for another day. With McCourty and Revis doing a solid job on the outside, it would be wise for Miami to do as much as they can to arm themselves with players capable of beatign a team down the middle. With Davone Bess and Reggie Bush, whose exact role isn't known yet, the Dolphins already have a pair that can be a pain for nickel CBs and safeties. If you throw in Olsen, Miami would have 3 threats in the middle to match one of the NFL's best WRs on the outside. It would be very difficult for defenses to match up against Olsen at TE and Bush at HB.
Olsen has familiarity with Orton from their days in Chicago in 2007 and 2008, though Orton was not the starter in 2007. In their lone season starting together, Olsen had nearly 600 receiving yards and 5 TDs. Orton has shown he does like to look to his TEs often. In 2009 with the Broncos, Orton's favorite target behind Brandon Marshall was his TE, Tony Scheffler. Scheffler and Daniel Graham combined for 59 receptions for over 600 yards. It wasn't until last year, when Scheffler was discared, that Orton didn't over 50 teams during the season. Josh McDaniels, then Broncos coach, does not favor a system with a receiving TE. Orton does appear to appreciate a receiving TE though and Olsen would be a nice compliment.
Why we shouldn't get Olsen: We still have Fasano, an effective player as our starting TE. The addition of Reggie Bush also gives Miami another threat in the middle. Does Miami really need to acquirie a TE that can stretch the field with Bush and Bess already in place as threats in the middle of the field?
Olsen will get a pretty good contract extension and Miami would probably get that done immediately following a trade. His cap number will limit the Dolphins in other areas, particularly on the offensive line or trying to find another RB for the backfield. Beyond the price paid to Olsen, the Bears likely won't let Olsen go for cheap. Miami already surrended a pick for Reggie Bush and will likely do so for Kyle Orton. They're already limited with mid/late round picks for 2012 and they would have limited ammunition to make a deal with Chicago.
*UPDATE* The Carolina Panthers have just acquired Greg Olsen from the Bears. Now this post is useless. Thank you Jerry Richardson for always being one of the most annoying NFL owners.