Indianapolis Colts closer to sign rookie QB Andrew Luck, tweets owner Jim Irsay – NFL News
Jim Irsay, Indianapolis Colts’ owner, has made another attempt to clear the air of uncertainty around the prospects of signing rookie quarterback, Andrew Luck, laying his old claim they are closer to lock in the player.
Irsay’s favourite medium of communication to the world is a social networking site, Twitter, and he again used his tweets to confirm they are almost done with it.
He tweeted:
“We r close on#12's deal, it'll get done2)We've revamped Strength programme, more power/explosive lifting; guys moving heavy iron, BULK MONSTERS!”
Just like his earlier claims, the owner has not provided an exact timeline of agreeing to terms with the player but given the training camp is about three weeks away it can been seen happening soon.
As per rules of the professional league regulator, National Football League (NFL), all rookies have to be under contract before training camp to take part in the training activity. In case Luck is without a contract until the camp, he will not be able to
participate in any workout.
Irrespective of the recently reported controversy over endorsements control rights between the stakeholders, Irsay has been claiming all along they aim to sign the rookie at earliest possible.
The owner has not thrown a light on the prospective deal numbers but some of the game analysts project it to be a $24 million, four-year contract. Further, the player is likely to get a $14.5 million as signing bonus. The figure is based on the payout that
the NFL paid its last year’s top QB pick.
It is pertinent to mention that this is only indicative sum and actual value of the rookie’s deal can be quite different. Colts can particularly hold an option for fifth year on the player’s contract.
There will be certain changes to the QB’s marketing/endorsements rights as many commentators believe Colts might have to show some flexibility and surrender some of the rights to the player, which they had not done in case of their former star, Peyton Manning,
when they signed him in 1998.
Tags: