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GenJac
Well-Known Member
I just saw an ESPN piece where Jason La Canfora was wondering why the Colts don't extend Andrew Luck and I'm puzzled by it.
The Colts already have team control over Luck for another 4 years. This year at a 7 million dollar cap hit, next year at a team option of 16 million dollars and 2 more years after that if they want to franchise him for 20 and 25 million dollars.
From a business and cap perspective it makes sense to get things done prior to the start of the 2016 season, but worse case scenario a 16 million dollar cap hit in 2016 isn't bad for a superstar QB like this kid.
Heck, this is a violent league. Unless the deal is great for the Colts, rushing into a long term mega money deal with dead money cap hits all over the place doesn't make sense.
Right now the Colts are in a great position with team control and Luck is a very rich man already raking in around 19 million and at a minimum will be doubling that over the next 2 seasons
What am I missing here?
The Colts already have team control over Luck for another 4 years. This year at a 7 million dollar cap hit, next year at a team option of 16 million dollars and 2 more years after that if they want to franchise him for 20 and 25 million dollars.
From a business and cap perspective it makes sense to get things done prior to the start of the 2016 season, but worse case scenario a 16 million dollar cap hit in 2016 isn't bad for a superstar QB like this kid.
Heck, this is a violent league. Unless the deal is great for the Colts, rushing into a long term mega money deal with dead money cap hits all over the place doesn't make sense.
Right now the Colts are in a great position with team control and Luck is a very rich man already raking in around 19 million and at a minimum will be doubling that over the next 2 seasons
What am I missing here?