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Indianapolis Colts Sign Quarterback Luck, Top Pick in NFL Draft

July 20 (Bloomberg) -- The Indianapolis Colts signed quarterback Andrew Luck, the top pick in this year’s National Football League draft, to a four-year contract worth $22.1 million, according to NFL.com.

The Colts, who open their training camp on July 25, didn’t disclose terms of Luck’s contract on their website last night. He will get a $14.5 million signing bonus, NFL.com said, citing people with knowledge of the contract who requested anonymity.

Luck, the Heisman Trophy runner-up the past two seasons at Stanford University, went No. 1 overall to the Colts as the replacement for four-time Most Valuable Player Peyton Manning, who was cut in the offseason after 14 years with the team.

Luck, 22, is regarded by some scouts as the NFL’s best quarterback prospect since Manning in 1998. He led Stanford to a 31-7 record over four seasons while winning multiple player of the year honors and setting Pac-12 Conference career records for passing efficiency and completion percentage.

The 6-foot-4 Luck probably will take over as starting quarterback for a team that finished last season 2-14, tied for the NFL’s worst record. Drew Stanton and Chandler Harnish are the other quarterbacks listed on the Colts’ roster. Manning is now with the Denver Broncos.

Luck’s signing came a day after quarterback Robert Griffin III, the second pick in this year’s draft, penned a four-year, $21.1 million contract with the Washington Redskins.

To contact the reporter on this story: Erik Matuszewski in New York at matuszewski@bloomberg.net

To contact the editor responsible for this story: Michael Sillup at msillup@bloomberg.net

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