The Facts: According to ESPN's Adam Schefter, the Colts signed Luck through 2021.
Diehards Line:We'll have full details on the deal as they are released, but the Colts and owner Jim Irsay have made no secret they were willing to break the bank to get this done. Remember, recent reports have suggested the two sides have been closing in on a deal that would no doubt make Luck the highest-paid player in league history. Currently, that player is Ravens quarterback Joe Flacco, who is earning $22.13 million per year on his extension. It's highly unlikely Luck was accept anything below that. ... A more detailed version of this story is now available HERE.