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“Close” Luck deal can finally be consummated

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For weeks, Colts owner Jim Irsay has said that a contract with quarterback Andrew Luck is “close.”  Perhaps Irsay soon will be able to fire up a cigar, to go along with the one he smoked after his grandson recently was born.

A league source tells PFT that Luck’s camp was waiting for quarterback Robert Griffin III to sign his contract before finalizing Luck’s deal.  The strategy makes sense, given that Luck’s agent/uncle is a newbie to the business.  If Luck does a deal at No. 1 and Griffin emerges with better terms at No. 2, Luck’s agent/uncle would be more uncle than agent, sooner rather than later.

The source also tells PFT that the Colts had been insisting on the use of offset language as to Luck’s guarantee.  Now that Luck has obtained a deal without it (and given that the first overall pick in 2011, Cam Newton, has no offset language in his deal), Luck has good reason to continue to dig in — and the Colts can blink, and blame it all on the Redskins.

It’s believed that Griffin’s deal could help Luck in several other ways, given that Luck’s agent/uncle can now simply get a copy of Griffin’s deal and say to Irsay, “Just give us what Griffin got.”

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12 Responses to ““Close” Luck deal can finally be consummated”
  1. eaglesw00t says: Jul 18, 2012 8:38 AM

    Sounds simple enough. But with the rookie pooling system, why didnt they just give the kid the max of what they are allowed? You spent the first pick overall on him. Just pay the kid, and get into camp. There should be no more holdouts because of this garbage.

  2. gweez76 says: Jul 18, 2012 8:48 AM

    Indianapolis still has a team? I thought it moved to Denver in the middle of the night?

  3. awdlmd says: Jul 18, 2012 9:35 AM

    Indy and DC would be more than happy to fully guarantee the contracts like with Newton but are recieved pressure from other owners not too because of the precedent. Cough collusion.

  4. xli2006 says: Jul 18, 2012 10:09 AM

    Win win for Colts/Redskins with the Rookie Wage Scale.

    These deals a few years ago would be in the 70 million range, now they are a fraction of that.

    Not sure most fans realize that even though the numbers are pretty much set, there are a lot more intangibles that need to be worked out. People think you just plug in a number and sign the deal… it definitely is NOT that easy.

  5. realitypolice says: Jul 18, 2012 10:27 AM

    It’s believed that Griffin’s deal could help Luck in several other ways, given that Luck’s agent/uncle can now simply get a copy of Griffin’s deal and say to Irsay, “Just give us what Griffin got.”
    =================

    Not going to have a long career as an agent if you’re negotiating style is to demand that teams match the contract signed by a player drafted AFTER your client.

  6. mjkelly77 says: Jul 18, 2012 10:55 AM

    gweez76 says:Jul 18, 2012 8:48 AM

    Indianapolis still has a team? I thought it moved to Denver in the middle of the night?
    _____________

    Denver is going to regret signing a decrepit has-been con artist who has nothing left to offer. The swamp Boy is done. You’ll see soon enough.

  7. mjkelly77 says: Jul 18, 2012 11:02 AM

    awdlmd says:Jul 18, 2012 9:35 AM

    Indy and DC would be more than happy to fully guarantee the contracts like with Newton but are recieved pressure from other owners not too because of the precedent. Cough collusion.
    ______________

    If I agreed with you we’d both be wrong. The owners have to resist. If not, before too long, 2nd and 3rd rounders end up with guaranteed contracts. And teams would be bound by the contracts of “busts” in more than the first round. That’s all money out of the NFL player pool that counts against cap space.

  8. therealbleedcoltsblue says: Jul 18, 2012 11:03 AM

    So their draft pick puts ink to paper to get on the field for his team and get better.

    Our draft pick is stalling over issues that have nothing to do with playing football..

    I said it once and I’ll say it again…. #wegotthewrongguy

  9. 49erminer4life says: Jul 18, 2012 11:40 AM

    If he and pans out after that 5th yr. option deal franchised for the 6th and 7th yrs. Then walks. Theres no way this guy will play out his contracts like peyton did. Uncle or no uncle for an agent

  10. mwindle1973 says: Jul 18, 2012 12:31 PM

    awdlmd says: Jul 18, 2012 9:35 AM

    Indy and DC would be more than happy to fully guarantee the contracts like with Newton but are recieved pressure from other owners not too because of the precedent. Cough collusion.
    ___________________

    But the rookie wage scale that limits contract $$ is not collusion? Salary cap? Minimum contracts? Sure it is…but it’s agreed upon collusion. It’s in the CBA. Just because a team waits to see what another team gives a player does not equate to collusion really anyway. But if you remember back to the lockout. When the NFLPA decertified itself, one of the things the players then sued for was collusion. And the consensus opinion was the players were money hungry, selfish, etc, etc,etc. This is a specialized industry, and it’s already been through the courts. And the US gov’t & court system is willing to overlook all these anti-trust issues so long as the NFL & NFLPA can continue to craft CBAs. Mainly because it is in the interest of the consumer in this particular instance to allow collusion. That is not normally the case. But in this case everyone benefits from the collusion. The owners, players & fans. By all rights the NFL amounts to a monopoly and should be forced to shed a great deal of talent to relinquish to a competing league that can supply a significant portion of pro football entertainment to the consumer. But again these laws are largely for the benefit of the consumer, free market and the economy as a whole. They don’t enforce these laws in respect to the NFL, because it makes no sense to. In this case these laws would create the very situations they are trying to stop.

  11. hendawg21 says: Jul 18, 2012 1:21 PM

    and the Colts can blink, and blame it all on the Redskins.

    No they can blink and blame the Uncle/agent/Colts

  12. latenightroach says: Jul 18, 2012 4:18 PM

    Anxiously awaiting another drunk Irsay tweet for the gazillionth time this offseason.

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