Cost-Benefit Analysis: Steelers Sign Gunner Olszewski to Replace Ray-Ray McCloud

What price can you put on special teams ball security? I don’t have the answer. But the Pittsburgh Steelers decision to let Ray-Ray McCloud walk to San Francisco while replacing him with Gunner Olszewski will come to the difference between 0.25% and $6,200,000.

  • That might sound complicated, but it’s not.

Success in the salary cap era comes down to getting the biggest bang for your salary cap buck. Ray-Ray McCloud handled the Steelers return duties for the last two years. Ray-Ray did a good job, but he wasn’t going to remind Boomers and Generation Xers of the return men of yore.

Gunner Olszewski, Steelers vs Patriots, Steelers vs Patriots 2019, Gunner Olszewski first game

Gunner Olszewski’s first was against the Steelers in 2019. Photo Credit: David Butler II, USA Today, via Bemidji Pioneer

Think of guys like Mel Gray, or to keep this Steelers centric, Rod Woodson or Dwight Stone. Actually, Stone’s return numbers with the Steelers weren’t that great, but as Tony Defeo reminded us, he deserves to be remembered for more than his “Hands of Stone.”

Actually, stony hands or lack thereof is what the Steelers decision between Ray-Ray McCloud and Gunner Olszewski comes down to.

  • If you look at their career kick and punting return averages, McCloud and Olszewski are pretty similar.

Ray-Ray McCloud has more reps in both categories, so his sample size is larger. McCloud has a 22.6 kickoff return average and a 9.5 yard punt return average. That ranks him well among his peers.

Gunner Olszewski, who began his career against the Steelers 2019 season-opening loss to the Patriots, has a 23.2 yard kick return average and an 12.6 yard punt return average. He also has more a touchdown on one his punt returns, something McCloud hasn’t been able to do.

The San Francisco 49ers signed McCloud to a 2 year, 10.6-million dollar contract (good for you Ray-Ray, mange it wisely, and you’ll have financial security for life, even if you only play for one season.) The Steelers deal Olszewski with is also for 2 years, but for only 4.2 million dollars.

Taken at face value, Kevin Colbert appears to have gotten the same thing for 6.4 million less.

  • But there’s one number that just might make that 6.2 million worth it.

And that’s 0.25%. During his 2 years with the Steelers, Ray-Ray McCloud fumbled 6 times on 130 returns. That gives him a fumble rate of 4.6%. In three years with the Patriots, Gunner Olszewski fumbled the ball 5 times on 107 returns, giving him a 4.85% fumble rate.

So the Steelers calculation is that 0.25% greater chance of a fumble is worth the 6.4 million dollars in salary cap savings. (This ignores Ray-Ray McCloud’s serviceable skills as a backup wide out – something that Gunner Olszewski has yet to prove.)

  • For my money that’s a prudent calculation for Pittsburgh.

However, when you factor in that but 3 of Gunner Olszewski’s fumbles came in 2021, should Gunner Olszewski fumble a return the 4th quarter fumble of a close game, that 6.4 million could seem like a bargain.

Follow Steelers free agency. Visit our Steelers 2022 Free Agent tracker or click here for all Steelers 2022 free agent focus articles.

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