Continue for updates.
Colts Announce Luck Extension
Wednesday, June 29
Luck Comments on Negotiations
Thursday, June 9
Luck told reporters he expects to reach an agreement with the team by training camp, adding: "I know I'm a Colt."
Irsay Comments on Contract Talks
Wednesday, June 8
Irsay told reporters he would be "surprised" if Luck didn't have a contract extension by the beginning of training camp.
"Luck's contract is imminent. Possible it could be done by July 4. It's gonna be a big number," continued Irsay when speaking with reporters.
On April 30, Irsay told Mike Chappell of Fox 59 that negotiations for an extension were "progressing well" and that both parties "got into serious discussions."
Luck, Colts Progressing on Talks for Massive Contract
Wednesday, June 8
Rapoport added, "There would be no surprise if Luck's deal reached the $25 million mark on a per-year basis, given his age, productivity and leverage."
On May 9, Bleacher Report's Jason Cole reported Luck's new contract is expected to make him the highest-paid quarterback in the NFL:
OBJ's Trade to Cleveland Has the Browns Hyped
Le'Veon's Power Move Pays Off After Signing Massive Deal with Jets
Friends to Foes, Ex-UGA Teammates Meet in Super Bowl
Cooks Gave a Super Gift to This Rams Employee
Mahomes Loves Ketchup as Much as Torching Defenses
Bears Hoping to Ride Club Dub to the Super Bowl
The Worst Fantasy Football Punishments for Last Place
NFL Players Bring Soccer Traditions to the NFL
JuJu Is a Man of the People
Bills Superfan 'Pancho Billa' Continues to Inspire
Happy 26th Birthday to OBJ 🎉
Mahomes Is 'Showtime' Off the Field Too
Thielen's Ride from Underdog to Record-Breaking WR
Shanahan and His Son Carter Are Hyped for Carter V
Browns Winning Off the Field with Community Service
Conner's Journey from Beating Cancer to Starting RB
Does Donovan McNabb Deserve Your 2019 Pro Football Hall of Fame Vote?
B/R Fantasy Expert Matt Camp Gives His Picks for Keep or Release After Week 2
Does Hines Ward Deserve Your 2019 Pro Football Hall of Fame Vote?
Shaquem Griffin Starting for Seahawks in Week 1
In January, Gregg Doyel of the Indianapolis Star reported Luck could become football's "first $200 million man."
Luck Is Vital to Colts' Future Despite Injury-Plagued 2015
In his fourth year in the league, Luck appeared in just seven games due to injuries, which could explain why his numbers were down.
Luck's completion percentage was his worst since his rookie season, and he threw 12 interceptions. His career-worst was 18 during that first campaign, in which he played all 16 games.
It didn't help that he was sacked 15 times in seven games, something the Colts addressed this offseason when they hired former Miami Dolphins head coach Joe Philbin to take control of the offensive line.
They also attempted to bolster Luck's protection by selecting Alabama center Ryan Kelly with the 18th overall pick of the draft in April.
When healthy, Luck possesses one of the most dangerous arms in the league and is capable of carrying the Colts. In each of his first three seasons, the team went 11-5 and made the playoffs, something that should be a regular occurrence if he's given that kind of money.
If he manages to stay healthy and remain on his feet, Luck will be worth every cent of this extension.
Stats courtesy of Pro-Football-Reference.com.