Indianapolis Colts owner Jim Irsay is optimistic about the team reaching an agreement with quarterback Andrew Luck, reports Mike Wells of ESPN.
Irsay said he would be “surprised” if a contract extension was not in place before the start of training camp next month and that the two parties have had “really good conversations.”
“Obviously his uncle Will is a lawyer and has represented him from the beginning,” Irsay said. We have a great relationship and I see something getting done. It’s not easy. It’s obviously going to be a big number, and we want to make sure the contract is something that’s Colt-friendly as we approach even the next decade.
“It comes down to the debate in the negotiations of years, total number, total guarantees and those sorts of things and obviously how it relates to the cap. But I haven’t seen anything that’s just been a problem, that’s going to hold it up. And I see progress being made.”
If an extension agreement is not reached, Luck will play out the last year of his rookie contract. Irsay has previously said that he wants to secure Luck into a nine-figure extension.
Luck was selected by the Colts in the first round of the 2012 NFL draft. Over the course of four seasons with Indianapolis, Luck has thrown for 14,838 yards and 101 touchdowns. His play was limited last season due to multiple injuries, including a lacerated kidney.