junebugz Posted February 22, 2006 Share Posted February 22, 2006 Reggie Wayne has a new contract coming Apparently, it makes him the 3rd highest paid WR behind Harrison and R Moss. Author also seems to think that Edge will still not be franchised as a result of this being done. Quote Link to comment Share on other sites More sharing options...
CaptainHook Posted February 22, 2006 Share Posted February 22, 2006 (edited) I am SHOCKED this got done so quickly. Wayne is a very good wide receiver, and lead the Colts in catches this year. Glad he's staying long term. Hopefully the Colts did not overpay. $40 million over 6 years doesn't sound so bad. Although, I am now wondering who they might use the franchise tag on . . . I do still think Edge is gone. Edited February 22, 2006 by CaptainHook Quote Link to comment Share on other sites More sharing options...
junebugz Posted February 22, 2006 Author Share Posted February 22, 2006 Although, I am now wondering who they might use the franchis tag on . . . 1337061[/snapback] I was wondering that as well. I do think it is a good idea keeping Wayne around, because how long will Harrison keep going and it will be easier to plug a RB in than a WR when one is needed. Quote Link to comment Share on other sites More sharing options...
tonyr0802 Posted February 22, 2006 Share Posted February 22, 2006 Glad we're keeping Wayne, just a little hard to imagine Edge in another uniform. Was really hoping he would get resigned, I think he deserves to get paid just as everyone else who's been a major contributor in our offense has. Quote Link to comment Share on other sites More sharing options...
CaptainHook Posted February 22, 2006 Share Posted February 22, 2006 Torrance Small. E.G. Green. Jerome Pathon. Terrance Wilkins. Qadry Ismail. The Colts don't want to start over looking for a good #2 WR. Quote Link to comment Share on other sites More sharing options...
junebugz Posted February 22, 2006 Author Share Posted February 22, 2006 Glad we're keeping Wayne, just a little hard to imagine Edge in another uniform. Was really hoping he would get resigned, I think he deserves to get paid just as everyone else who's been a major contributor in our offense has. 1337072[/snapback] Yep, it's a shame when/if they do finally make it to the SB he may not be there. Quote Link to comment Share on other sites More sharing options...
CaptainHook Posted February 22, 2006 Share Posted February 22, 2006 Just one day before the Indianapolis Colts likely would have used the franchise designation to keep Reggie Wayne off the unrestricted free agent market, the team on Wednesday reached agreement with their standout wide receiver on a six-year contract extension. The extension, which is expected to be officially executed later this week, could be worth nearly $40 million and includes bonuses totaling $13 million-$14 million. Team president and general manager Bill Polian had reiterated several times in recent weeks that the club would not lose Wayne in free agency. Had the parties not reached accord on the extension, the Colts almost certainly would have applied the franchise tag to Wayne, at a cost of $6.172 million. Securing Wayne means that Indianapolis still has the franchise marker available, and could use it to keep tailback Edgerrin James, who is eligible for unrestricted free agency. It is unlikely, however, given the cap ramifications, that Indianapolis will tag James for a second year in a row. At the Pro Bowl last week, the veteran tailback indicated to ESPN.com that he is prepared to play elsewhere in 2006. The Colts have until Thursday to decide if they want to apply the franchise designation to any of their pending unrestricted free agents. A first-round pick in the 2001 draft, Wayne has developed into one of the NFL's top No. 2 wide receivers. Unlike many No. 2 wideouts in the past, who signed lucrative deals with new teams in free agency and then flopped, Wayne acknowledged during the season that it might be in his best interests to stay with the Colts, and one of the NFL's premier passing offenses, if amenable contract terms could be reached. The former University of Miami star has blossomed in the high-octane Indianapolis attack and his new deal will reflect his status as one of the NFL's best young pass-catchers. It also means the Colts' potent three-wideout group of Marvin Harrison, Wayne and Brandon Stokley remains intact. Wayne, 27, has appeared in 77 games and started 64 of them. He has 304 receptions for 4,164 yards and 28 touchdowns. Wayne posted a career-best 83 catches in 2005, but most observers feel his best season was in 2004, when he had 77 receptions for 1,210 yards and 12 touchdowns. link Quote Link to comment Share on other sites More sharing options...
Meat Face Posted February 22, 2006 Share Posted February 22, 2006 Is it impossible for Edge to take slightly less money and stay loyal to Indy? I guess this isn't about loyalty though. Quote Link to comment Share on other sites More sharing options...
CaptainHook Posted February 22, 2006 Share Posted February 22, 2006 (edited) Is it impossible for Edge to take slightly less money and stay loyal to Indy? I guess this isn't about loyalty though. 1337091[/snapback] Why should he be the one to not get paid? Marvin, Manning, and Wayne got theirs. . . Edited February 22, 2006 by CaptainHook Quote Link to comment Share on other sites More sharing options...
hosler427 Posted February 22, 2006 Share Posted February 22, 2006 They could use their franchise tag on Freeney if an extension isn't worked out. They said Wayne and Freeney were their top two priorities for the off season so that is probably why they were so quick to get one of the extensions complete before the franchise deadline. Quote Link to comment Share on other sites More sharing options...
CaptainHook Posted February 22, 2006 Share Posted February 22, 2006 They could use their franchise tag on Freeney if an extension isn't worked out. They said Wayne and Freeney were their top two priorities for the off season so that is probably why they were so quick to get one of the extensions complete before the franchise deadline. 1337101[/snapback] FREENEY IS NOT A FREE AGENT. A lot of people seem to think this, but it is not true. Freeney has one year left on his deal. He did hit some escalators that boosted his salary for this coming year by $5 million, so it would be in the Colts best interest to re-do the deal, but it is not absolutely necessary. He is under contract for next year no matter what. Quote Link to comment Share on other sites More sharing options...
hosler427 Posted February 22, 2006 Share Posted February 22, 2006 Oh sorry about that. I swear I just read an article that said he would be a free agent. Quote Link to comment Share on other sites More sharing options...
Swampnuts Posted February 22, 2006 Share Posted February 22, 2006 Anybody else see Manning's TD numbers going back up next year? With Harrison and Wayne locked up and Edge gone, I wonder if Indy's going back to the air attack ala 04. Quote Link to comment Share on other sites More sharing options...
Randall Posted February 23, 2006 Share Posted February 23, 2006 From John Clayton- "As he entered a Wednesday morning Competition Committee meeting, Colts general manager Bill Polian was optimistic he could get a deal done with wide receiver Reggie Wayne. He was right. The Colts agreed to a six-year deal with Wayne worth around $39 million that included a $12.5 million signing bonus and also kept the team from using its franchise tag to retain him. Wayne, who will make $22.64 million over the first three years of the contract, becomes the third-highest paid receiver behind teammate Marvin Harrison and Oakland's Randy Moss. The Wayne deal, however, will not mean that Edgerrin James will get the franchise tag. The Colts are trying to get under the cap by turning $19 million of roster bonuses for Harrison and Peyton Manning into signing bonuses in which they could prorate for four years. The league hasn't determined whether or not the 30-percent rule applies for those contracts, but the Colts believe they don't. James is expected to hit free agency, but the Colts will continue talking to him. Quote Link to comment Share on other sites More sharing options...
mggoilers Posted February 23, 2006 Share Posted February 23, 2006 Anybody else see Manning's TD numbers going back up next year? With Harrison and Wayne locked up and Edge gone, I wonder if Indy's going back to the air attack ala 04. 1337260[/snapback] Last time Edge was missing from that offense...143 catches for Marvin Quote Link to comment Share on other sites More sharing options...
The Vatican Hitsquad Posted February 23, 2006 Share Posted February 23, 2006 Why do the Colts want to dump Edge so much? It really puzzles me, the guy has done nothign but excell in every non-injury season and has never comanded a huge contract (thank you multiple FT). Do they really think they can just plug any back in there and get better than they have been? Quote Link to comment Share on other sites More sharing options...
bushwacked Posted February 23, 2006 Share Posted February 23, 2006 Why do the Colts want to dump Edge so much? It really puzzles me, the guy has done nothign but excell in every non-injury season and has never comanded a huge contract (thank you multiple FT). Do they really think they can just plug any back in there and get better than they have been? 1337392[/snapback] Not to defend the Colts, as letting Edge go seems rather baffling. But, they obviouly are gonna play their cards with an awesome passing attack. They also did okay last time they traded a good RB and drafted Edge. Quote Link to comment Share on other sites More sharing options...
The Vatican Hitsquad Posted February 23, 2006 Share Posted February 23, 2006 Not to defend the Colts, as letting Edge go seems rather baffling. But, they obviouly are gonna play their cards with an awesome passing attack. They also did okay last time they traded a good RB and drafted Edge. 1337729[/snapback] Sure, but for every trade that turns out great there, theres 2 trades like Hershel Walker to the Vikings. Quote Link to comment Share on other sites More sharing options...
Donutrun Jellies Posted February 23, 2006 Share Posted February 23, 2006 Is it impossible for Edge to take slightly less money and stay loyal to Indy? I guess this isn't about loyalty though. 1337091[/snapback] Hmmmm ... take more money than you'll ever spend and put team and winning ahead of the drive to go elsewhere to get even more money than you'll ever spend? As long as you get more money than you'll ever spend (and you have a brain and lack a parasitic posse), what does it matter what someone else gets? In this land of plenty, once you have plenty, what more is there to worry about? Quote Link to comment Share on other sites More sharing options...
isleseeya Posted February 24, 2006 Share Posted February 24, 2006 more important to keep all of Peyton's weapons intact ...than focus on the keeping Edge ...daring move but i believe Colts will have a hard time replacing Edge ...he was very versatile and effective for that team Quote Link to comment Share on other sites More sharing options...
CaptainHook Posted February 24, 2006 Share Posted February 24, 2006 The Colts are in a tough spot. Signing Edge to a 6 year deal would be ludicrous. He doesn't have that many good years left. Wayne does. He's just coming into his prime, and let's face it, Marvin Harrison isn't getting any younger. I think the fact the Colts aren't re-signing Edge has more to do with the fact they've got some players on defense to pay for (Corey Simon), and contract extensions on the horizon (Dwight Freeney and Bob Sanders). Time to even out the money they are spending on both sides of the ball. Edge unfortunately plays the position with the shortest shelf life. Quote Link to comment Share on other sites More sharing options...
Randall Posted February 24, 2006 Share Posted February 24, 2006 Colts release DT Williams posted: Thursday, February 23, 2006 filed under: New York Jets, Indianapolis Colts The Colts cleared $1.845 million of salary cap room Thursday by releasing defensive tackle Josh Williams and quarterback Travis Brown. They needed the room after signing wide receiver Reggie Wayne to a six-year, $39 million contract Wednesday that included a $12.5 million signing bonus. Release the hounds: The blood bath of cap casualties weren't as bad as expected, but Tuesday could be extra bloody if a collective bargaining agreement isn't reached. The Jets ended up saving more than $20 million of cap room with the release of seven players and the restructuring of Curtis Martin's contract. Aside from the Jets moves and the Colts moves, seven other veterans were released. They were wide receiver Johnnie Morton, cornerback Ahmed Plummer and defensive tackle Chris Cooper of the 49ers, safety Jerry Wilson of the Chargers, defensive end Kenard Lang and cornerback Michael Lehan of the Browns and tight end Boo Williams of the Saints. Quote Link to comment Share on other sites More sharing options...
CaptainHook Posted February 24, 2006 Share Posted February 24, 2006 They made a mistake signing Williams a couple years ago. They had no big DT's so they overpaid for Williams and Scioli. Now they are both gone. Williams missed most of last season with a sports hernia. With Montae Reagor and Corey Simon, he was too expensive as a back-up. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.