Indianapolis Colts owner Jim Irsay said the team still hasn't decided who it will take with the first overall pick in next month's NFL draft.
"It's up in the air," Irsay told USA Today on Monday. "We have to look at this thing completely open-minded.
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"You have two outstanding athletes, two great pure passers, two guys from families that are incredible."
"Both of those guys have a great skill set and have NFL arms to make all the throws," said Pagano, who's currently in Palm Beach, Fla., for the NFL Annual Meeting. "They're dynamic in the pocket, football IQ is off the charts, mobility is scary. They can extend plays with their feet. Both are very, very talented guys, dynamic young men, great leaders. Both are going to be very successful. We're still in the process of not only evaluating those two but everyone else moving forward."
Pagano said that it really is a win-win situation for the Colts, and either Luck or Griffin would be a great pick.
"You look at the tape, all the numbers and what they've done for their respective programs throughout their collegiate careers, they've just been outstanding," Pagano said. "I think they're both can't miss guys."
Irsay didn't rule out the Colts signing one of the two quarterbacks before the draft begins April 26.
"We've talked to both agents," he said. "We haven't negotiated yet."