It sounds like Andrew Luck is going to get a contract unlike anything the NFL has ever seen

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In what was supposed to be the season he took over the NFL, Andrew Luck instead slogged through an injury-riddled and disappointing 2015.

It's easy to forget that when healthy, Luck has been one of the bright young stars of the NFL. He has proven to be one of the select few who seem like true franchise quarterbacks.

According to ESPN's Bill Barnwell, with Luck coming up on a contract extension, the Indianapolis Colts may end up paying Luck like the NFL's franchise quarterback, with a contract unlike anything the NFL has seen.

In March 2016, Barnwell estimated that Luck might look to get a deal worth $66million to $70 million in the first three years — a deal similar, but still higher, than what Cam Newton received.

Now, in evaluating the Colts' offseason, Barnwell said league executives have since told him that the aforementioned number is too low (emphasis ours).


NFL Stadiums
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It sounds like Andrew Luck is going to get a contract unlike anything the NFL has ever seen

31. Qualcomm Stadium, San Diego Chargers

(David Drapkin/AP images for USAA)

30. Coliseum, Oakland Raiders

(AP Photo/Marcio Jose Sanchez)

29. Sun Life Stadium, Miami Dolphins

(AP Photo/Wilfredo Lee)

28. Ralph Wilson Stadium, Buffalo Bills

(AP Photo/Bill Wippert)

27. Bank of America Stadium, Carolina Panthers

(AP Photo/Bob Leverone)

26. FedExField, Washington Redskins

 (AP Photo/Mark Tenally)

25. LA Coliseum, St. Louis Rams

(AP Photo/Nick Ut)

24. FirstEnergy Stadium, Cleveland Browns

(AP Photo/Mark Duncan)

23. Mercedes-Benz Superdome, New Orleans Saints

(Kevin Terrell/AP Images for USAA)

22. Ford Field, Detroit Lions

 (AP Photo/Paul Sancya)

21. Lincoln Financial Field, Philadelphia Eagles

(AP Photo/Chris Szagola)

20. Raymond James Stadium, Tampa Bay Buccaneers

(AP Photo/Phelan M. Ebenhack)

19. Nissan Stadium, Tennessee Titans

(AP Photo/Mark Zaleski)

18. Georgia Dome, Atlanta Falcons

(AP Photo/Brynn Anderson )

17. Paul Brown Stadium, Cincinnati Bengals

 (AP Photo/Tom Uhlman)

16. EverBank Field, Jacksonville Jaguars

(AP Photo/Stephen Morton)

15. MetLife Stadium, New York Giants/New York Jets

(AP Photo/Matt York, File)

14. Sports Authority Field at Mile High, Denver Broncos

(AP Photo/David Zalubowski, File)

13. University of Phoenix Stadium, Arizona Cardinals

(AP Photo/Ross D. Franklin)

12. NRG Stadium, Houston Texans

(AP Photo/David J. Phillip)

11. Arrowhead Stadium, Kansas City Chiefs

(AP Photo/Charlie Neibergall)

10. Gillette Stadium, New England Patriots

(AP Photo/Charles Krupa)

9. M&T Bank Stadium, Baltimore Ravens

(AP Photo/Gail Burton)

8. Soldier Field, Chicago Bears

(AP Photo/Kiichiro Sato)

7. Heinz Field, Pittsburgh Steelers

(AP Photo/Keith Srakocic, File)

6. Lucas Oil Stadium, Indianapolis Colts

 (AP Photo/Julio Cortez)

5. Levi's Stadium, San Francisco 49ers

(AP Photo/Tony Avelar, File)

4. U.S. Bank Stadium, Minnesota Vikings


3. AT&T Stadium, Dallas Cowboys

(AP Photo/Roger Steinman)

2. CenturyLink Field, Seattle Seahawks

(AP Photo/Scott Eklund)

1. Lambeau Field, Green Bay Packers

(Mike McGinnis/AP Images for Panini)


Since I wrote about the parameters for a Luck contract earlier this year, I've heard from multiple NFL executives who have suggested my estimates are too low. The baseline for a Luck extension might very well be the cost of guaranteeing three consecutive franchise tags. Going with a simple estimated exclusive franchise tag cost of $25 million in 2016, that would mean the Colts would be in for $30 million in 2017 and a whopping $43.2 million in 2018, suggesting that locking up Luck would cost the Colts $98.2 million in guaranteed money. That will be a fun negotiation.

The new estimate of $98 million is a massive number for any contract, but in guaranteed money, it's virtually unheard of.

According to Spotrac, no other quarterback in the NFL has a guarantee worth more than $70 million. Eli Manning and Philip Rivers top the list with $65 million guaranteed each. After Manning and Rivers, Russell Wilson, Colin Kaepernick, and Newton come in at $61.5 million, $61 million, and $60 million guaranteed, respectively.

Obviously, if Luck's extension unfolds as Barnwell suggests, that would blow each of those contracts out of the water.

Perhaps Colts owner Jim Irsay wasn't kidding when he said Luck's extension would be a "shocking number."

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