Andrew Luck signs extension with Colts through 2021 season
— -- Indianapolis Colts owner Jim Irsay stuck to his word and locked up franchise quarterback Andrew Luck long term before the start of the season.
The team announced Wednesday that Luck has signed an extension through the 2021 season. Financial terms weren't immediately known.
"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."
The No. 1 overall pick in 2012 out of Stanford, Luck took the NFL by storm the moment he stepped onto the field. He made the franchise's transition from Peyton Manning a smooth one by leading it to the playoffs in each of his first three seasons, including the AFC Championship Game in 2014 and back-to-back AFC South titles.
Luck has the fourth-most passing yards (14,838) by any quarterback in his first four seasons in NFL history. He also is the fourth QB with at least 100 touchdown passes through four years, including an NFL-leading 40 in 2014.
But Luck isn't immune to struggles, either.
The 26-year-old is coming off the worst season of his four-year NFL career, completing just 55.3 percent of his pass attempts and committing 13 turnovers in 2015. He also showed he's not invincible when it comes to taking hits. He missed two games early in the year due to a rib injury and then he missed the final seven when he suffered a lacerated kidney early in the fourth quarter against the Denver Broncos in Week 9. He also dealt with shoulder and abdominal injuries.
For months, Irsay had said he hoped and expected this agreement would be done around the July 4 holiday, if not before training camp. His goal now has been achieved.
"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 NFL's biggest contract was the five-year, $110 million deal the Green Bay Packers gave Aaron Rodgers in 2013. Last summer, the Seattle Seahawks gave Russell Wilson a four-year, $87.6 million extension that included $60 million in guaranteed money.
Luck was scheduled to make $16.155 million this season, the fifth-year option on his rookie contract.
The Colts report to training camp July 26 at Anderson (Indiana) University.
Information from ESPN's Adam Schefter was used in this report.
