The Indianapolis Colts solidified Andrew Luck as their starting quarterback until 2021 with a five-year $87 million contract. As of June 29th, Luck is the highest-paid quarterback in the NFL. He’s guaranteed $75 million in the first three years of the extension alone.
New York Giants’ Eli Manning and San Diego Chargers’ Phillip Rivers are the second-highest paid quarterbacks in the league – both of whom sit $22 million less than Luck with $65 million contracts through 2019.
“I am thrilled and excited to continue with this great organization,” Luck said. “I am thankful to the Irsay family and Mr. Irsay for providing me with this great opportunity and the trust that they’ve shown in me. I can’t wait for this season to start.”
Luck has proven his worth to the Colts since he joined the franchise back in 2012. He has gone for a 58% completion rate via 14,838 yards and 101 touchdowns in four seasons. Luck ensured the Colts an easy transition from one starting quarterback to another, back when Peyton Manning departed Indianapolis with a neck injury in 2011. The Colts have made the playoffs three times since Luck became starter.
And while Luck is undeniably talented, the decision to sign him to such a monstrous contract seems almost random especially considering Luck ended 2015 with the worst statistics of his professional career thanks to injury. He only went for 1,881 yards and 15 touchdowns in seven games – a massive difference from the 4,761 yards and career-high 40 touchdowns he got in 2014.
“The organization is excited about getting this deal done and getting it done before the 4th of July,” said owner Jim Irsay. “It’s a big number. It was a deal that was fair deal for both sides taking into account being [salary] cap friendly, being reasonable in the last year in 2021.”
Based on trend and with Luck healthy, the Colts are shaping up for yet another playoff appearance. Needless to say that is Irsay’s objective. But as we all know, a little Luck never hurts.