The Colts' franchise QB was entering Year 3 of a five-year extension that was the biggest contract in NFL history when signed in 2016.
Two team executives who handle contract negotiations and salary-cap matters for their clubs told NFL Network's Mike Garafolo that Indy could take back $12.8 million in signing-bonus proration as well as a $4 million prorated roster bonus. Because Luck has three years left on his contract, only one-third of the $12 million roster bonus he earned in March would be considered recoupable.
Luck initially strained his calf in March and subsequently missed OTAs and minicamp. He briefly participated in training camp before being sidelined again. Little did we know, it was for good.