After making the shocking decision to retire on Saturday, there was a chance that Andrew Luck would have to write a gigantic check to the Colts.
Under the terms of the collective bargaining agreement, the Colts were allowed to ask Luck to pay back any portion of his signing bonus that’s part of their future salary cap.
Per someone who reviewed Andrew Luck’s contract, there’s nothing that prevents the team from collecting the signing-bonus proration outlined in the CBA. In short, he’d owe the #Colts $12.8 million if they chose to collect.
— Mike Garafolo (@MikeGarafolo) August 25, 2019
But that won’t be happening, as the team and quarterback have reached a settlement in which the Colts will not take back any money they are owed, according to ESPN.com’s Adam Schefter.
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Flip the Page to see the Settlement:
