Colts Want To Get Long-Term Extension In Place With Andrew Luck During Offseason

Colts owner Jim Irsay said he would like to get a long-term agreement in place with QB Andrew Luck this offseason.

“If we don’t get an agreement [this summer], we still have time. And he is going to be signed,” Irsay told the Indianapolis Star. “There’s a reasonably good chance we can come to that agreement this offseason. He will be here, trust me. Andrew and I have talked — we talked after the end of the season — and he couldn’t be more excited.”

Irsay admitted that having a quarterback like Luck increases the expectations to win Super Bowl titles.

“You know I’m demanding with my expectations, and I know the weight of having Andrew Luck,” Irsay said. “We want to get to the promised land, and I’m not shy about saying ‘more than once.’ We’d like to win two world championships when Andrew’s with us over these next 12 to 14 years.”

Luck recently said it would be “great” to get something done.

“Yeah, that would be great,” Luck said of a contract extension, via Mike Chappell of CBS4. “I haven’t thought about it too much. I wanted to make sure this season gets done.

“But if there’s an opportunity for it, yeah, absolutely.”

Luck, much like the Colts, had a very disappointing 2015 season that was marred by a number of injuries including a lacerated kidney and fractured ribs.

Many still anticipate that the Colts will lock him up to a massive contract extension at some point over the next few years. It will be interesting to see how much Luck’s next contract is worth, seeing as many expected him to set the record for quarterbacks moving forward.

Luck, 26, will be entering the final years of his four-year, $22.1 million contract in 2016 and will make a base salary of $16.155 million.

In 2015, Luck completed 55.3 percent of his passes to go along with 1,881 yards, 15 touchdowns and 12 interceptions over the course of seven games. Pro Football Focus has him rated as the No. 35 quarterback out of 37 qualifying players.

We’ll have more regarding a potential contract extension for Luck as the news is available.