Colts Says Simon Finished in Indy

Defensive tackle Corey Simon will no longer be a member of Simonthe Indianapolis Colts.  According to Mike Chappell of the Indianapolis Star, a financial settlement is in the pipeline which will sever all ties between the team and Simon.  Team owner Jim Irsay said that the investment in Simon was “a bad mistake”; he added that, “I foresee us basically coming to a settlement in terms of moving forward and him pursuing his opportunity if he chooses to someplace else.”  No comment was available form Simon’s agent Roosevelt Barnes.

An option that is available to the Colts is trying to recoup a portion of the $5 million signing bonus that was included in Simon’s contract (5-year, $30 million) that he signed back prior to the 2005 season.  Without considering what Simon may repay to the team in any settlement, it is safe to say that Simon, as Irsay stated, was a bad investment.  Simon received $14 million and for that investment, he played a whopping 14 games (started 14 games in 2005, missed 2006 season due to injury).  Kinda makes ENRON look like a blue-chipper, but I digress.

Irsay, as any good owner would do, kept head coach Tony Dungy abreast of the Simon developments to date.  Hopefully, the Colts do not repeat this mistake again.  Yes signing players such as Simon is a risky proposition BUT that’s what complete physicals are for.  Simon’s balky knee should have raised some red flags in the beginning.  But that’s neither here nor there as a resolution to this unfortunate saga will soon come to a close.


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One Response to “Colts Says Simon Finished in Indy”

  1. Brian Eaton says:

    Stampede Blue –

    Just a friendly heads up for Colts fans on some commemorative Colts packaging from Bud Light for the start of the ’07 season. Both will hit the market around Aug. 9 or 10 – this is a sneak preview before the mainline advertising starts on 8/12. They’ll be in all major outlets, or the guys at Zink Distributing can tell you specifically where to get them. I’d send you an image but can’t find your email.

    The 46.5-ounce magnum bottle with swing-top closure is sold individually in a blue, white and silver box featuring the Colts helmet and Bud Light logos. The 16-ounce aluminum bottle features the Colts logo and a congratulatory message, and is available in 15-packs of specially labeled Bud Light cases featuring images of the Colts bottles.

    Both will be available in liquor, grocery and convenience stores in the greater Indianapolis metro area. Only 20,000 magnum bottles and 28,000 cases of aluminum bottles will be produced. Magnum’s should retail for roughly $18-19, with aluminum bottle cases going for the usual $15-17.

    Thanks!

    Brian

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