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If the Colts are simply going to sit Andrew Luck for a few years while Peyton plays out most if not all of his remaining contract, why not trade away the pick and look for a QB later in the draft?
While Luck might be the cream of the QB crop in 2012, there are other options who could develop into decent NFL quarterbacks later in the draft.
After his team’s huge upset win over Oklahoma, Baylor’s Robert Griffin III has seen his NFL stock skyrocket. An incredibly accurate passer with mobility and speed to boot, RGIII could develop into the Michael Vick given the chance. Some boards list him as high as second in the draft, so he might give the Colts the same financial problem as Luck. Still, if the Baylor senior could be had, Indy should be interested.
If he decides to leave school this year, Matt Barkley could be a pleasing alternative. He seems to get better and better as the season goes on, and is projected to one of the top five QB prospects outside of Luck. Barkley has risen on some boards even into the top five overall, making him a solid choice.
Outside the first round, Houston’s Case Keenum and Boise State’s Kellen Moore could be worth looking at. Both men hold their own NCAA records and could prove to be more than just system quarterbacks. They could become reliable backups, something the Colts need with Manning’s health in question. And we haven’t even talked about Nick Foles, Tyler Wilson or Ryan Tannehill.
Clearly, if the Colts deal the Luck pick, they will probably have a shot at a decent backup later in the draft. Trading the pick or using it elsewhere gives the Colts flexibility in rebuilding, rather than betting all their chips on Luck.