For the past few years, receiver Reggie Wayne’s discontent with his contract created the impression that he would leave as soon as his deal expired. As recently as last week, there was no evidence of any effort by the Colts to keep him. It seemed to be a foregone conclusion that Wayne would be gone.
And, of course, he re-signed with the Colts only hours after becoming an unrestricted free agent for the first time in his 11-year career.
Adam Schefter of ESPN was the first to report the agreement. A league source tells PFT that Wayne’s deal is worth $17.5 million over three years, with $7.5 million guaranteed. (It’s unclear how much of it is fully guaranteed.)
Wayne’s decision to stay seems even more unusual in light of the fact that so many veteran players are gone, and the team will be in full-blown rebuilding mode. Also, it was believed that Wayne would be inclined to wait for Peyton Manning to make a decision, in order to possibly follow Manning to his new team.
Unless Peyton and the Colts work out a new deal, that won’t be happening.