In the wake of Andrew Luck‘s sudden retirement, the Colts are locking up his former backup. Indianapolis is giving Jacoby Brissett a two-year extension worth $30MM, a source told Ian Rapoport of NFL Network (Twitter link).
Rapoport used the term extension, but Stephen Holder of The Athletic clarified in a tweet that it’s actually a two-year deal that will take the place of his current contract. That means Brissett only has one new year on his deal, and he’ll be under contract through the 2020 season not the 2021 season like some initially thought. Ben Volin of the Boston Globe originally tweeted that a deal was close. Per Rapoport, Brissett will get $20MM guaranteed at signing. It’s a big show of confidence from the Colts in their new starter just before the regular season kicks off. Brissett had been set to earn around $2MM in the final year of his rookie deal before this.
The North Carolina State product only attempted four passes last year, but he was the team’s starter for virtually the entire 2017 season when Luck was sidelined with a shoulder injury. That year he racked up 3,098 yards and 13 touchdowns while tossing seven interceptions. He averaged 6.6 yards per attempt and while the numbers weren’t anything to write home about, it was somewhat impressive given the circumstances. Brissett had been traded from the Patriots just before the start of the season, and then suddenly thrust into the starting role.
This time around he’s been practicing with the first-team for months, and he already has a full year in Frank Reich’s system under his belt. He’s got a better coaching staff, and a much better offensive line protecting him, so he should be able to improve on his 2017 results. In the end, the extension could end up working out well for both sides.
Brissett gets some security and a boatload of cash now, and the team ends up getting a huge discount if he shows well. If Brissett were to have a good season and establish himself as a starter, he would’ve gotten far more than this on the open market. Indy also gets to show that they’re all-in with Brissett, and avoid any doubt once regular season action kicks off.
The Colts signed Brian Hoyer to a three-year deal earlier today, but he clearly won’t be a threat to Brissett’s job with this type of commitment. Brissett has come a long way, as he was reportedly about to be cut by New England before Indianapolis traded for him. The Colts considered trading Brissett last summer when Luck made his return, and they’re surely glad they didn’t pull the trigger. The 91st pick of the 2016 draft will kick off his season against the Chargers on Sunday.