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Irsay says Luck deal is “getting close”

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The Twitter account of Colts owner Jim Irsay has been a useful and, at times, compelling source of information during the 2012 offseason.  Soon, it will revert to being a periodic repository of obscure lyrics and oft-indecipherable amusement.

But the Irsay Twitter feed has one final task — to let us know what’s happening with the rookie contract of quarterback Andrew Luck.

Irsay has disclosed that the talks between Luck’s agent/uncle and Colts negotiator Dan Emerson are “getting close!

It’s a far simpler process than it used to be.  Luck will receive a fully-guaranteed four-year deal, worth roughly $24 million.  The team will hold an option for a fifth year, at a salary equal to the transition tag for quarterbacks in 2016.

The only surprise is that it’s taken this long to get it done.

Luck’s deal would set the ceiling for a trio of CAA clients who were taken at No. 2 (RG3), No. 3 (Trent Richardson), and No. 4 (Matt Kalil), respectively.

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12 Responses to “Irsay says Luck deal is “getting close””
  1. peytonsneck18 says: Jun 2, 2012 1:12 PM

    No need to rush greatness! ! LUCK will get signed so enough and he doesnt need all yhe hype and phoney publicity as IRG3 does, Luck will let his game on the real nfl regular season do his talking for him!!! Go Colts!!! And redskins can choke on their hailness and dezz nutts in their mom’s! !!

  2. EJ says: Jun 2, 2012 1:39 PM

    There should be very little if any guaranteed money in the first year of any rookie contracts. If you make it to the second year, then that is when the guarantees should come into play. Way too many players have screwed teams out of big money for very little to no play after receiving monster contracts. If most of the guaranteed money is paid the second year, It would give teams more money to pay the players that actually play and stick around. Not that I think Luck is going anywhere but, I think 24 million is just a little too overboard for any one player that has never played in the NFL before in their life. Like the Sam Bradford contract, anything more than 3 million guaranteed before stepping onto the playing field is just crazy, absolutely crazy.

  3. dadofthedecade says: Jun 2, 2012 2:18 PM

    “peytonsneck18 says:
    Jun 2, 2012 1:12 PM
    No need to rush greatness! ! LUCK will get signed so enough and he doesnt need all yhe hype and phoney publicity as IRG3 does, Luck will let his game on the real nfl regular season do his talking for him!!! Go Colts!!! And redskins can choke on their hailness and dezz nutts in their mom’s! !!”

    ————————

    I *dare* you to make less sense.

  4. kodakinvegas says: Jun 2, 2012 2:53 PM

    @eJ. Totally agree. What ever happens to “we have to earn our wings everyday”? Gonna be sad to see the Colts Suck With Luck after they sucked for Luck. As they will soon learn, number one picks don’t always equal winners. They expect him to do with mediocre to bum guys what Peyton did. Not gonna happen. He’ll be looking like Colt McCoy by weak 4. Thsts right, weak- four. Front line, backs, receivers and Coach

  5. cowboyhater says: Jun 2, 2012 2:54 PM

    Irsay, just sign the kid so all the other teams below you can get this signing process over with. All the draft picks should be signed by now, but leave it to Irsay to once again try to create drama.

  6. indywilson40 says: Jun 2, 2012 2:56 PM

    Peytonsneck18 is a tool

  7. raideralex99 says: Jun 2, 2012 3:52 PM

    Wow … what’s the problem. I guess Irsay did not get the memo … Rookie Salary Cap is in place.

  8. peytonsneck18 says: Jun 2, 2012 4:02 PM

    @indywilson40 yr opinion matters cause???????……….exactly!!! Shut up mark!!!

  9. benchwarmer69 says: Jun 2, 2012 4:10 PM

    Irsay has a historically bad track record.

    Good luck with Luck.

  10. popolover says: Jun 2, 2012 6:49 PM

    kodakinvegas
    You are so right. We will be paying for the sins of the father (Bill) for a couple of years. Unfortunetly, there were not enough changes in the scouting department. Still has way too much Plian blood there……..

    Also, Jimmy, stop being a goofball. If you are running the team, just get it down, the new CBA took care of it. Any Joe knows this.

  11. tonyromoisterrible says: Jun 2, 2012 8:51 PM

    There goes peytonsneck making lewd comments again. Why is this guy even allowed to post anything? I think he and Irsay sit around drinking their hennessey all day. Irsay posting on twitter and peytonsneck posting on here. You sir are all class.

    Luck is going to take that 24 million and be out of football in 3 years. Who will the colts take in 3 years when mush mouth Herman Munster is running an architecture firm?

    HTTR!!!!!!!

  12. indywilson40 says: Jun 4, 2012 10:58 AM

    Tonyromoisterrible is also a tool.

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