Report: Colts Sign QB Matt Hasselbeck

March 18, 2013

Update:

The Colts have announced the signing of QB Matt Hasselbeck.

ESPN’s Adam Schefter reports that the Colts “plan” to sign free agent QB Matt Hasselbeck on Tuesday.

Bob Kravitz reports that Hasselbeck will receive a two-year deal worth $8 million. It should be complete barring a “major last-minute snafu.”
Peter King reports that Hasselbeck to the Colts is not a done deal just yet.

Indianapolis is in need of a backup quarterback now that Drew Stanton departed for Arizona. Hasselbeck is one of the most respected quarterbacks in the league for his overall knowledge of the game and should be a big help to the development of Andrew Luck.

Update:

According to ESPN’s Chris Mortensen, close to ten NFL teams have already expressed interest in recently released QB Matt Hasselbeck.

Mortensen specifically mentions the 49ers, Bears, Bengals, Bills, Browns, Buccaneers, Cardinals, Colts, Giants, and Saints as interested clubs.

USA Today is reporting that the Colts are already in discussions with Hasselbeck to become Andrew Luck’s backup quarterback.
Jenny Vrentas reports that the Giants do have interest in Hasselbeck, but it’s unlikely that they’ll sign him.

Even if half of these teams have actual interest in signing Hasselbeck, it would be a very solid market for an aging quarterback, especially at this point in the offseason.

Other available quarterbacks would include: Kevin Kolb, Jason Campbell and Ryan Fitzpatrick.

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Jim Wyatt reports that the Tennessee Titans have informed QB Matt Hasselbeck that he will be released.

Wyatt adds Tennessee approached him regarding a restructured contract, but no progress was made between the two sides.

Earlier in the day, Kimberly Jones reported that the Titans met with free agent QB Ryan Fitzpatrick, which seemed odd given that they had Hasselbeck as Jake Locker‘s backup.

Hasselbeck, 37, was set to make $5.5 million for the upcoming season, which is a good deal of money for a backup quarterback who’s getting close to 40. We’ll have to see if there’s a market for him in the coming days.