Colts sign QB Andrew Luck

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Andrew Luck signs his rookie NFL contract with the Indianapolis Colts on Thursday July 19, 2012. (Photo courtesy of the Colts' owner Jim Irsay's Twitter account)

Andrew Luck

Andrew Luck #12 of the Indianapolis Colts throws a pass as quarterbacks coach Clyde Christensen looks on during a rookie minicamp at the team facility on May 4, 2012 in Indianapolis, Indiana. (Photo by Joe Robbins/Getty Images)

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NEW YORK, NY - APRIL 26: Andrew Luck (R) from Stanford holds up a jersey as he stands on stage with NFL Commissioner Roger Goodell after Luck was selected #1 overall by the Indianapolis Colts in the first round of the 2012 NFL Draft at …

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Posted: 07/19/2012

The Indianapolis Colts have signed No. 1 overall pick Andrew Luck.

The quarterback's agent and uncle, Will Wilson, confirmed Thursday that the deal had been completed. Terms were not immediately released.

Colts owner Jim Irsay told reporters in late April he expected Luck's deal would be almost identical to the four-year, $22 million contract last year's top pick, Cam Newton, signed. And the deal came together just a day after another rookie quarterback, Robert Griffin III, signed a four-year deal with the Washington Redskins. The fully guaranteed deal is worth $21.1 million, and includes a club option for a fifth year.

Luck, a two-time Heisman Trophy runner-up at Stanford, will replace Peyton Manning behind center this season.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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