Colts lock up Reggie Wayne to long term contract worth nearly $40 Mil

Discussion in 'AFC South' started by Shutdown Corner, Feb 22, 2006.

  1. Shutdown Corner

    Shutdown Corner NFLC nflcentral.net Member

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    http://msn.foxsports.com/nfl/story/5351986 <div class='quotetop'>QUOTE </div><div class='quotemain'>The free-agency period has yet to begin but one potential free agent has already hit for a big payday.FOXSports.com has learned that the Colts agreed to terms Wednesday with wide receiver Reggie Wayne on a six-year deal worth nearly $40 million including $13.5 million in bonus money. Wayne was slated to become an unrestricted free agent and his signing now weakens an already extremely weak receiver free agent class.While the contract terms have been agreed upon by both sides Wayne has not yet officially signed and should as soon as the NFL approves the deal.The deal also makes him the third highest-paid receiver in the NFL behind teammate Marvin Harrison and Randy Moss. By getting the Wayne deal done the Colts do not have to use the franchise tag on him, a move they were primed to make had they not worked out a new contract. It's unclear whether they will use the tag on free agent running back Edgerrin James, but right now that appears to be unlikely.Wayne had 83 catches this past season for 1,055 yards and five touchdowns in the Colts' high-powered attack.</div>
     
  2. NFLCChosen One

    NFLCChosen One NFLC nflcentral.net Member

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    This is nice for Indy, it can only help them in the long run. Reggie Wayne is a very talented WR with some of the best hands in the league.
     
  3. bobferg

    bobferg NFLC nflcentral.net Member

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    thats alot of money.............I was hopeing for like 5-6 million a year. i am worried about the colts cap situation now.
     
  4. ThaFranchize

    ThaFranchize BBW Member

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    This just puts the final word in whether they will keep Edge or not. Alert to all NFL teams... start preparing your offers for one of the best running backs in the NFL.
     
  5. AdropOFvenom

    AdropOFvenom BBW Member

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    <div class='quotetop'>QUOTE (Ward86 @ Feb 22 2006, 02:08 PM) <{POST_SNAPBACK}></div><div class='quotemain'>This just puts the final word in whether they will keep Edge or not. Alert to all NFL teams... start preparing your offers for one of the best running backs in the NFL.</div>Basically.I cant imagine them having the cap room to keep Edge now...although it was unlikely they would have anyway.Good signing by the Colts though, it was important to lock him up before Free Agency began and they did.
     
  6. jeefunk

    jeefunk NFLC nflcentral.net Member

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    damn [​IMG] we need some more CBs
     

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