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Andrew Luck gets $140 million over 6 years, owners Jim Irsay says

5:27 PM ET

Indianapolis Colts owners Jim Irsay stranded to his word and cumulative authorization quarterback Andrew Luck‘s long-term destiny with a classification before a start of a 2016 season.

The Colts announced Wednesday that Luck has sealed an prolongation by a 2021 deteriorate that will make him a highest-paid actor in a NFL, formed on guaranteed salary.

Irsay announced a large terms in a tweet:

The NFL’s prior biggest agreement was a five-year, $110 million understanding a Green Bay Packers gave quarterback Aaron Rodgers in 2013. Last summer, a Seattle Seahawks gave quarterback Russell Wilson a four-year, $87.6 million prolongation that enclosed $60 million in guaranteed money.

Sources told ESPN that Luck is guaranteed $87 million with this extension. The prior most-guaranteed income for any NFL actor was $65 million for both Eli Manning of a New York Giants and Philip Rivers of a San Diego Chargers.

“I am anxious and vehement to continue with this good organization,” Luck pronounced in a statement. “I am grateful to a Irsay family and Mr. Irsay for providing me with this good event and a trust that they’ve shown in me. we can’t wait for this deteriorate to start.”

The No. 1 collect in 2012 out of Stanford, Luck took a NFL by charge a impulse he stepped onto a field. He finished a franchise’s transition from Peyton Manning a well-spoken one by heading a Colts to a playoffs in any of his initial 3 seasons, including a AFC Championship Game in 2014 and back-to-back AFC South titles.

Colts banking on Luck putting 2015 behind him

Can Andrew Luck spin things around from an uncharacteristic down year in 2015? A demeanour during areas where he struggled final year.

Luck has a fourth-most flitting yards (14,838) by any quarterback in his initial 4 seasons in NFL history. He also is a fourth quarterback with during slightest 100 touchdown passes by 4 years, including an NFL-leading 40 in 2014.

But Luck isn’t defence to struggles.

The 26-year-old is entrance off a misfortune deteriorate of his four-year NFL career, completing only 55.3 percent of his pass attempts and committing 13 turnovers in 2015. He also showed he’s not invincible. He missed dual games early in a year due to a rib injury, and afterwards he missed a final 7 when he suffered a torn kidney early in a fourth entertain opposite a Denver Broncos in Week 9. He also dealt with shoulder and abdominal injuries.

For months, Irsay had pronounced he hoped and approaching this agreement would be finished around a Fourth of Jul holiday, if not before training camp. His idea now has been achieved.

“The classification is vehement about removing this understanding finished and removing it finished before a 4th of July,” Irsay said. “It’s a large number. It was a understanding that was satisfactory understanding for both sides holding into comment being [salary] top friendly, being reasonable in a final year in 2021.”

Luck was scheduled to make $16.155 million this season, a fifth-year choice on his rookie contract.

The Colts news to training stay Jul 26 during Anderson (Indiana) University.

Information from ESPN’s Adam Schefter and Dan Graziano was used in this report.

Article source: http://espn.go.com/nfl/story/_/id/16619414/andrew-luck-signs-extension-indianapolis-colts