The Indianapolis Colts have been negotiating a contract extension with quarterback Andrew Luck for a while now, and on Wednesday the team announced that it has a deal done through 2021 that will make him the league’s highest-paid player.
The deal puts Luck’s new average salary at $23.3 million over the next six years, which trumps the $22.1 million per year Ravens quarterback Joe Flacco makes. Several reports say $87 million of the total value of the contract is guaranteed.
Luck, 26, was the No. 1 overall pick in the 2012 draft and was a Pro Bowl selection in each of his first three seasons. He led Indianapolis to the playoffs in each of those years, but he and the team faltered in 2015, when injuries — a lacerated kidney and a partially torn abdominal muscle — limited Luck to a 2-5 record in only seven starts.
Luck issued a statement shortly after the deal was made public: