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Posted at 09:02 AM ET, 07/20/2012

Andrew Luck signs with Colts


Indianapolis Colts rookie quarterback Andrew Luck put his John Hancock on a contract Thursday. (Darron Cummings - AP)
The Indianapolis Colts can now officially start the post-Peyton Manning era.

No. 1 overall draft pick Andrew Luck signed a fully-guaranteed four-year contract worth $22 million on Thursday afternoon.

Naturally, Colts general manager Jim Irsay was giddy. He tweeted a photo of Luck signing and wrote “12 is officially signed!!!!!!”

The Indianapolis Star reported the deal also includes a $14.5 million signing bonus and a fifth-year team option.

The signing comes one day after the Washington Redskins locked up their franchise quarterback and second overall draft choice Robert Griffin III. Griffin’s four-year deal is worth $21.1 million and is also fully guaranteed.

Luck’s deal is nearly on par with the one Carolina Panthers quarterback Cam Newton received as the No. 1 pick in 2011 — $22.05 million guaranteed with a $14.5 million signing bonus.

The Colts are holding a three-day rookie training camp starting Wednesday, ahead of their team-wide training camp that begins Saturday.

More

Robert Griffin will report to training camp on time

Griffin signs $21 million contract with Redskins

By  |  09:02 AM ET, 07/20/2012

Tags:  NFL

 
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