Wednesday, June 6, 2012

Colts owner Jim Irsay says deal with Andrew Luck nearly complete

Posted: 01:04 AM ET June 04, 2012

By Josh Katzowitz | NFL Blogger

Colts owner Jim Irsay tweets the Colts are close to signing the No. 1 pick. (US Presswire) This weekend, Colts owner Jim Irsay had something to say on his Twitter account, and unlike 90 percent of the tweets that come from the inside his soul, this one was actually newsworthy.


So, that's potentially some big news with “A Luck” better known as Andrew Luck, AKA the Colts 2012 No. 1 draft pick and rookie quarterback who's set to replace the legendary Peyton Manning. As the Indianapolis Star writes, the talks between Wilson and the Colts have “moved into the fourth quarter” and here's what the result should be: a contract worth about $24 million, with about $16 million of that in the form of a signing bonus.

To compare: last year, the Panthers and No. 1 pick Cam Newton agreed to a $22.05 million deal with a $14.5 million bonus.

Luck hasn't been around for OTAs because he still hasn't graduated from Stanford, but assuming this deal gets done soon, he'll show up for mini-camp next month and be ready to take his first steps as the Colts quarterback of the future.

In between running contests for fans and reciting lyrics to deep-track Pink Floyd songs on his Twitter account, I imagine Irsay will have plenty more to say when that happens.

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Tags: Andrew Luck, Cam Newton, Indianapolis Colts, NFL

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