While both he and Olsen's initiatives are worthy causes, neither of them are likely to beat out Houston Texans defensive end J.J. Watt, who raised an incredible $37 million for Hurricane Harvey relief.
"Greg, Benjamin and J.J. have changed countless lives with their generosity and commitment to helping others", NFL Commissioner Roger Goodell said. "We commend them for using their platforms to leave a positive impact on communities across the country".
According to NFL.com, the victor will receive a $500,000 donation in his name that will be spread evenly across a charity of his choice and Character Playbook.
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Hundreds of people took part in an evacuation drill on Monday to prepare for a possible ballistic missile attack in central Tokyo.
In 2009, Olsen founded Receptions for Research: The Greg Olsen Foundation, after watching his mother survive breast cancer.
This isn't the first time Watson's been recognized for his community service. In 2014 he was named one of CNN's Most Extraordinary People. The award is given to the National Football League player that honors a player's volunteer and charity work as well as his excellence on the field.
Watson has also helped refugees in the Middle East, and hosts multiple events during the holiday season feeding and giving presents to needy families.
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Baltimore Ravens tight end Benjamin Watson's One More Foundation fights modern-day slavery and human trafficking. "We congratulate him on being named a finalist for this year's Walter Payton NFL Man of the Year Award".
This year's victor will be revealed February 3 at 9:00pm ET during the NFL Honors Ceremony on NBC.
USA tax reform writedown pushes Switzerland's UBS to Q4 loss
Ermotti told CNBC that creation of wealth in the world started growing at least double the GDP growth, nearly 8 percent per year. Global wealth management adjusted profit before tax rose 14% year-over-year to CHF4,128m, with growth in all revenue lines.