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Signing Bonus and Marketing Proposals Issues with Luck’s Deal

One of the stumbling blocks in negotiations between Indianapolis and the top overall choice in the draft, Len Pasquarelli of the Sports Xchange reports, is the proposed inclusion of marketing language that Luck and his representatives, at least so far, regard as strident. One source with knowledge of the talks even suggested that Luck would “have to clear” marketing proposals with the club.

Another hurdle is the schedule for the payout of Luck’s signing bonus, which will be $14,518,544, exactly the same as Cam Newton’s in 2011. Newton was paid in two equal installments, but Luck and agent Will Wilson are said to be seeking something far more favorable. It’s believed the Colts have improved the proposed bonus payout, but only by a little, with 55 percent due on execution of the contract and 45 percent payable next spring. Indianapolis has made similar signing bonus payout proposals to other draft choices..

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3 Responses to “Signing Bonus and Marketing Proposals Issues with Luck’s Deal”

  1. […] Original Page: Related Stories Sports Leagues Sue Deleware over Sports Betting Ridge Girls Volleyball lost […]

  2. Nicole says:

    Luck deserves what Newton got last year but I don’t think he’ll have the immediate success Newton did. The rookie salary cap was so great for the owners. The amount guys like Sam Bradford make is insane.

  3. Jason says:

    Totally agree Nicole. Luck should easily be able to augment his salary with many of the local sponsors that had Manning on the books I’d think.

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