Colts still owe Andrew Luck $30 million guaranteed

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When a high-profile player signs a big-money contract, the only money that truly matters is the money that’s fully guaranteed at the time the contract is signed. Agents, however, routinely blur the line between fully-guaranteed payments and sums guaranteed for injury only, because that results in a bigger number being recited by the information robots who will pass along whatever is provided to them without question, scrutiny, or critical analysis.

Rarely does the injury guarantee ever really matter, especially as it relates to franchise quarterbacks. Because franchise quarterbacks rarely have injuries that call their careers in to question.

For Colts quarterback Andrew Luck, the injury guarantees in his 2016 contract extension matter, since there’s currently no guarantee he’ll ever play again.

So far, Luck has received $57 million from the Colts under his second contract. Luck has another $30 million in payments guaranteed for injury — $18 million due in 2018 and another $12 million that becomes payable in March of 2019.

The Colts can avoid that obligation only by trading Luck. And while the shoulder injury would make that proposition less palatable for a prospective employer, a new team could get him for what amounts to a four-year, $82 million contract with $30 million guaranteed and no signing bonus.

Apart from the compensation the Colts would want for Luck, the financial side seems very reasonable in light of the current quarterback market. Of course, the Colts also would have to want to move on from Luck. Or, perhaps more accurately, Luck would have to want to move on from the Colts.

Most importantly, the team that acquires Luck would have to believe he’s healthy.

37 responses to “Colts still owe Andrew Luck $30 million guaranteed

  1. RockyMountainHigh says:
    November 3, 2017 at 10:37 am

    Mr. Elway on line 1
    ____________________________________

    Could you imagine? Getting Peyton from the Colts because of injury concerns and then getting Luck from the Colts due to injury concerns? At this point faithful Colts fans have to look back and shake their head at Irsay for cutting PFM who went on to 2 super bowls with one Championship for Luck who has done next to nothing.

  2. I do not believe you can trade (or cut) an injured player? he can’t seem to stay healthy enough to practice let along get traded and pass a physical. Regardless of how one personally evaluates his brief career, after missing 26 games (out of 48 total games) over the past 3 seasons, he would be a high risk investment.

  3. Hilarious. Is this one of those “speak it into existence” type of deals? The Headline should inform anyone why he can’t/won’t be traded, not to mention his health status.

    If he’s going to play, he’s going to be a Colt. This really isn’t nearly as interesting or complicated as some of you want it to be.

  4. The good news is that there are at least 5 to 6 decent QBs coming out next draft. Luck could be sitting in the same situation Peyton Manning was when he was coming out of Stanford. Do you take Sam Darnold or wait and see if Luck is ever going to be healthy again? Or Josh Rosen, Josh Allen, or whoever is the top rated QB when they pick. It’s starting to look more and more like the Colts could be picking fairly early in the draft. There also could be a Dak Prescott still around in the 4th round. If you have good scouts, there’s no need to panic.

  5. “I do not believe you can trade (or cut) an injured player? ”

    You can certainly trade him. Cutting is a bit stickier. It often happens when teams come to an “injury settlement” with a player and the player allows them to do so.

    More importantly if Luck really wanted to stick it to the Colts he would just “keep feeling pain in his shoulder that prevented him from throwing”, take his 30 mil on top of what he’s already made and then retire when the contract runs out. He has no need to ever play or work in any way again and can live out his days on Irsay’s money quite enjoyably.

    And given the tissue paper Oline they’ve had in front of him the team gives no incentive for Luck to ever come back. Why would he want to just to get pounded back into the turf and get injured yet again?

  6. Didn’t Grigson win GM of the year.

    Outside of TY Hilton, he failed to put a single piece around Andrew Luck. The only reason they made the playoffs was the AFC South was worst division in football. Not anymore, even with Luck next year they have 4th place talent.

  7. The Colts didn’t start deflate-gate or frame-gate as you call it. The Patriots started it by cheating. Move on and admit it instead of continuing your childish antics blaming the Colts.

  8. terripet says:
    November 3, 2017 at 10:47 am
    It’s not karma it’s life in the NFL every player is one play away from injury
    ___________________________________________

    From the hypocrite that posted this when Edelman was injured:
    terripet says:
    August 26, 2017 at 8:47 am
    Karma for cheating all these years

  9. luckyforus says:
    November 3, 2017 at 11:19 am
    The Colts didn’t start deflate-gate or frame-gate as you call it. The Patriots started it by cheating. Move on and admit it instead of continuing your childish antics blaming the Colts.

    ———

    Then why were the Colts balls also udner-inflated? Did Brady order air removed from those as well?

  10. luckyforus says:
    November 3, 2017 at 11:19 am

    The Colts didn’t start deflate-gate or frame-gate as you call it.
    ———————-

    Correct. It was the Ravens that started psigate, right after Belichick embarrassed Harbaugh, and Brady told Harbaugh to go get his shinebox.

  11. commentawaitingdeletion says:
    November 3, 2017 at 11:27 am
    terripet says:
    November 3, 2017 at 10:47 am
    It’s not karma it’s life in the NFL every player is one play away from injury
    ___________________________________________

    From the hypocrite that posted this when Edelman was injured:
    terripet says:
    August 26, 2017 at 8:47 am
    Karma for cheating all these years

    ——-

    Ha! Great find!!

  12. Violating a rule (cheating) by sticking a needle into a football on the sideline in a game you had no chance of competing in would seem like a “childish antic”, Lucky.

  13. luckyforus says:
    November 3, 2017 at 11:19 am
    The Colts didn’t start deflate-gate or frame-gate as you call it. The Patriots started it by cheating. Move on and admit it instead of continuing your childish antics blaming the Colts.
    —————————————-
    Strictly speaking Coach Crybaugh started it in order to get back at Brady after Brady embarrassed him about not knowing the rulebook after Crybaugh falsely accused Pats of breaking a rule when in fact they hadn’t. So he cast further false aspersions about Brady to Grigson, who all to eagerly whined to the league. Basically, only teams that persistently struggle to win within the rules bother to become habitual cheats, and the league looks the other way – partly for the sake of parity, and partly because the team wasn’t winning much anyway, and partly because winning teams don’t bother to lodge complaints anywhere near as often as sore losing teams do.

  14. Then why were the Colts balls also udner-inflated? Did Brady order air removed from those as well?
    _____________________________________________________________________________________________________________

    I’ve been asking lucky this question for no shorter than 1.5 years. Still waiting on an answer.

  15. Remember that story where the Colts were bragging about how he was running the scout team and just killing their first-string defense? That doesn’t sound like as great an idea now, does it?

  16. terripet says:
    November 3, 2017 at 10:57 am
    Luck has done next to nothing are you serious 2 afc championship games on a team with no O line without luck there a three win team

    That statement is wrong. Colts made the playoff 3 times with Luck. The order went, lost wildcard game, won wildcard lost divisional, hen won wildcard, won divisional, lost AFCCG. Yes he made the team better but he has never been a league changer.

  17. The Colts, Ravens, and every other conspirator that tried to frame Brady for the made-up Deflategate lie, have been wallowing in Karma since that fateful night. The Colts and Ravens franchises have been in disarray, lacking leadership, talent, direction, and, most importantly, success. Kensil has been banished. Fans and players have turned on Goodell and his position is now precarious as more and more owners are beginning to turn their backs on him.

    Seems pretty real…

  18. streetyson says:
    November 3, 2017 at 11:56 am
    luckyforus says:
    November 3, 2017 at 11:19 am
    The Colts didn’t start deflate-gate or frame-gate as you call it. The Patriots started it by cheating. Move on and admit it instead of continuing your childish antics blaming the Colts.
    —————————————-
    Strictly speaking Coach Crybaugh started it in order to get back at Brady after Brady embarrassed him about not knowing the rulebook after Crybaugh falsely accused Pats of breaking a rule when in fact they hadn’t. So he cast further false aspersions about Brady to Grigson, who all to eagerly whined to the league. Basically, only teams that persistently struggle to win within the rules bother to become habitual cheats, and the league looks the other way – partly for the sake of parity, and partly because the team wasn’t winning much anyway, and partly because winning teams don’t bother to lodge complaints anywhere near as often as sore losing teams do.

    ——————–

    I agree with that, and I would add that the League saw it as an opportunity to investigate the Patriots operation and find out how they keep winning thinking they must be doing something. What they found was nothing. Absolutely nothing. The Patriots were taking no chances since Spygate. So the League tried their best to turn the deflation scandal into the biggest issue they could to try and curb the Patriots winning.

    Didn’t work.

  19. cafetero1075 says:
    November 3, 2017 at 11:45 am
    I would want my Phins to risk a #1 pick for him.

    ——-

    You never know… It’s possible the unknown pain will suddenly disappear after a trade.

  20. peachskins says:
    November 3, 2017 at 1:33 pm
    At least the Skins are done paying RG3. What a terrible top of the draft.
    ******************
    Nah, He won ROY and had he been used properly, he’d still be playing. Have you seen the stiffs that pass for QBs in the NFL? But, as Kaepernick as reaffirmed, QB decisions aren’t made based on skill alone.

  21. Chances are any team he’d go to has a better offensive line. They would also have a front office with some brain cells, unlike Grigson.

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