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Colts, Andrew Luck Reportedly Come To Financial Agreement

An Indianapolis Colts helmet sitting on the field.

5 Nov 2000: A general view of the Indianapolis Colts helmet after the game against the Chicago Bears at the Soldier Field in Chicago, Illinois. The Bears defeated the Colts 27-24.Mandatory Credit: Jonathan Daniel /Allsport

Andrew Luck's retirement from the Colts two weeks before the NFL season has left the team in a rough position. However, the team doesn't appear inclined to give Luck a hard time on his way out.

According to ESPN NFL insider Adam Schefter, the Colts have reached a financial settlement with Luck. Per the report, they will not compel Luck to return any of the $24.8 million he owed them back by retiring.

It's a very magnanimous offer from a Colts team that suddenly finds itself starting Jacoby Brissett for the foreseeable future.

Luck led the Colts to four playoff appearances and two AFC South titles in his seven years in Indianapolis. But he stunned the football world on Saturday by announcing his retirement due to injuries.

The Colts are coming off their best season since 2014, making the playoffs after going 10-6 thanks to some stellar rookie performances.

They were expected to contend for the AFC South title and maybe even the Super Bowl in 2019.

But the sudden retirement of Luck suddenly puts the Colts in a tricky situation. They can give another chance to Jacoby Brissett, who went 4-11 as a starter in 2017, or they can try and acquire for a veteran before the end of the preseason.

One thing is for sure: The Colts have suddenly become one of the NFL's most quarterback-needy teams.