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Publisher
Posted Jun 2, 2012
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The Indianapolis Colts are getting close to signing rookie quarterback Andrew Luck to his first NFL contract, according to Colts owner Jim Irsay.
"Talks with A Luck's agent,Will Wilson(the brother of Andrew's mother) have been productive," Irsay wrote on his Twitter account. "Team Counsel Dan Emerson n Will r getting close!
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Drafted first overall out of Stanford, Luck is in line for a four-year contract worth a guaranteed $24 million under the NFL slotting system.
The deal would include a signing bonus of roughly $16 million and a fifth year team option.
Last year's first overall pick, Carolina Panthers quarterback Cam Newton, got a $22 million guaranteed deal with a $14.5 million signing bonus.
Luck is slated to start immediately for the Colts.
He practiced during the Colts' rookie minicamp, but can't return to workouts until after June 7 due to Stanford's academic schedule.
The Colts' full-team minicamp that Luck will be allowed to attend is set for June 12 through June 14.
For more coverage of the NFL, go to profootball.scout.com.
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