According to Adam Schefter, the Indianapolis Colts have reached a financial settlement with former quarterback Andrew Luck in the wake of his sudden retirement Saturday night. Per Schefter, the Colts will not be touching his signing bonus.
“Luck could have owed the Colts $12.8 million as a pro-rated portion of the $32 million signing bonus,” Schefter wrote.
But owner Jim Irsay decided to waive that additional money and let Luck retire with that signing bonus still in pocket.
So why is this on a Detroit Lions blog?