Rick Olarenshaw (born 1 February 1973) is a former Australian rules footballer in the Australian Football League.
He was formerly a boundary rider for Network Seven until being replaced by Matthew Richardson.
Olarenshaw was recruited from Keilor in 1990 to the Essendon Football Club, where he won the under-19s best and fairest in 1991. He made his senior AFL debut in 1993 with the Bombers and enjoyed a quick rise that year. The left-foot wingman was an important player in the 1993 Bombers premiership side (known as the "Baby Bombers").
Over the following seasons he suffered numerous injuries, particularly to his rib and back, but he went on to enjoy a good season in 1997.
Olarenshaw was traded to Collingwood (instead of his preferred club, the Kangaroos) at the end of 1998 after agreeing to leave Essendon. Olarenshaw was disillusioned by the new surroundings at Collingwood and suffered injuries that restricted him to just five games with the club. At the end of 2000, he was traded to the Kangaroos, but he managed only one game before announcing his retirement in 2001.
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Following the 2009 AFL season, he was removed as Channel 7's boundary rider in favour of Matthew Richardson.