Colts won’t take back ‘any of the money they are owed’ from Andrew Luck
A massive shockwave was sent around the NFL on Saturday night. It was revealed that Indianapolis Colts star quarterback Andrew Luck decided to retire after seven seasons.
Beyond the utter surprise that Luck has stepped away from the game in the prime of his career, it has shifted the attention toward the rest of his five-year, $122 million deal with the Colts. With that in mind, Indianapolis has decided not to take the $24.8 million from the former Pro Bowl quarterback after reaching a new deal with him, according to Adam Schefter of ESPN.
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Despite the fact that they could have recouped $24.8 million from their former quarterback, the Indianapolis Colts have reached a financial settlement with Andrew Luck and will not take back any of the money they are owed, league sources told ESPN.
The Colts could have simply requested that Luck pay back the money that they had already paid him that was part of the signing bonus he received with his five-year extension that he inked back in 2016. In essence, it’s a sign of respect and gratitude toward Luck for the time he spent with the franchise.
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The 29-year-old had battled through injuries that derailed his career over the last few seasons. In fact, he had missed the entire 2017 season after his recovery from shoulder surgery didn’t go as planned. Prior to that, he had dealt with a lacerated spleen.
This offseason was more of the same for Luck. He dealt with a lingering calf injury for nearly two months that was revealed it had become a high-ankle sprain. All of this simply took a toll on him that led to his sudden retirement this week.