CHICAGO: Indianapolis Colts quarterback Andrew Luck signed a six-year contract extension through the 2021 season for $140 million, the richest contract in NFL history, Colts owner Jim Irsay said on Wednesday (Thursday in Manila).
The biggest prior deal in NFL history saw Green Bay quarterback Aaron Rodgers ink a five-year contract for $110 million in 2013.
“Andrew has signed through 2021,” Irsay tweeted. “$140 Million over 6 Years… Biggest Contract in NFL History… Congrats to #12!!!”
Seattle Seahawks quarterback Russell Wilson signed a four-year deal last year worth $87.6 million that featured $60 million guaranteed, while Luck reportedly will have $87 million guaranteed, or $22 million more assured than the old marks to Eli Manning of the New York Giants and fellow quarterback Philip Rivers of San Diego.
“I am thrilled and excited to continue with this great organization,” Luck said in a statement. “I am thankful to the Irsay family and Mr. Irsay for providing me with this great opportunity and the trust that they’ve shown in me. I can’t wait for this season to start.”
Luck had been set to make $16.1 million in the final year of his rookie deal, a team option the Colts picked up in March.
“This is an exciting day for the organization and Colts fans around the globe,” Irsay said. “Andrew is the consummate professional, possesses extraordinary talent and is our leader on and off the field. When you consider what this team has accomplished in four seasons with Andrew under center, you cannot help but be thrilled about the future.”
The Colts parted ways with Peyton Manning, who led Indy to a Super Bowl crown, to set the stage for Luck to be taken first overall in the 2012 NFL Draft. Luck guided the Colts to the playoffs in his first three NFL seasons. His 14,838 passing yards are the most of any NFL quarterback in his first four seasons.
But Luck, 26, struggled last season, making 13 turnovers and suffering a rib injury and lascerated kidney as well as shoulder and abdominal injuries.