Andrew Luck Contract: Latest News and Rumors on Negotiations with Colts

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Andrew Luck Contract: Latest News and Rumors on Negotiations with Colts
Phelan M. Ebenhack/Associated Press

Indianapolis Colts quarterback Andrew Luck is set to enter the option year of the $22.1 million rookie deal he signed in 2012, per Spotrac.

Continue for updates.


Irsay Comments on Possible Extension

Tuesday, Feb. 2

Colts owner Jim Irsay discussed the situation Tuesday, per CBS 4's Mike Chappell:

I think there's a good chance we would get something done this offseason. Being this early, there's no reason to think we have had major negotiations yet, but that's going to be happening as this month gets later and March comes in.

I don't think there's a debate on what he means to our franchise. I really see Andrew here, God willing, for a really long time.

"If we don't get an agreement, we still have time," Irsay told Gregg Doyel of the Indianapolis Star on Jan. 9. "And he is going to be signed. There's a reasonably good chance we can come to that agreement this offseason. He will be here, trust me. Andrew and I have talked—we talked after the end of the season—and he couldn't be more excited."


Luck Could Become League's Highest-Paid Player

If the parties agree on an extension, Doyel reported it would likely make Luck the highest-paid player in NFL history and "possibly the league's first $200 million man."

Luck was plagued by injuries and missed nine games in 2015. That alone could be a red flag for Indianapolis management. But the Colts seem to be taking steps to protect the quarterback who was sacked 15 times in just seven games, per Fox Sports' Mike Garafolo:

But even when he was on the field, albeit sometimes hobbled, Luck's numbers were pedestrian. He threw 15 touchdown passes against 12 interceptions after a monster 2014 in which he threw for 40 scores with 16 picks.

Irsay and the Colts would have to be confident Luck can regain his form if they're going to offer him a lucrative extension. On the other hand, Luck is one of the top quarterbacks in the league, and countless teams would covet him if he were to hit the open market.

 

Stats courtesy of Pro-Football-Reference.com.

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