Is this end of Olerud Watch?

No. But we're getting closer, as John Olerud was signed by the Red Sox yesterday -- probably not coincidentally on the first day the Yankees were allowed to resign him, although no article I've read has mentioned that coorelation. However, it's a split major/minor league contract, and Olerud probably won't be on the BoSox's roster until late May; he's starting out with a short stint in the minors. Thus, since "Major League Baseball [being] without John Olerud on any teams' roster" is the requisite criteria to prolong Olerud Watch, Olerud Watch will continue. For now.