Andrew Luck, Colts Agree to New Contract: Latest Details and Reaction
June 29, 2016 · Scott Polacek · Jump to comments
The Indianapolis Colts have a franchise quarterback, and they aren't letting him get away anytime soon.
The team announced Wednesday that it agreed to a new contract with superstar Andrew Luck:
Colts owner Jim Irsay tweeted the deal runs through the 2021 season. Ian Rapoport of NFL Network reported it makes Luck the league's highest-paid player, adding that he'll receive $75 million over the first three years of the deal and "slightly less" over the final two. Before signing the new contract, Luck was set to make $16.155 million in base salary in 2016, per Spotrac.
According to Adam Schefter of ESPN, the six-year deal will pay "just north of" $139 million and $87 million in guaranteed money, both of which are league records. Dan Graziano of ESPN added that Luck will receive a $32 million signing bonus and a $3 million roster bonus in 2017 that was guaranteed at signing.
"I am thrilled to continue with this great organization. I am thankful to t...
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