The Indianapolis Colts have agreed to a two-year, $30-million contract extension with new starting quarterback Jacoby Brissett, according to multiple reports on Monday.
NFL Network’s Ian Rapoport added that Brissett will earn $20 million guaranteed at signing.
Brissett was in the final year of his four-year rookie contract, and was set to earn $2 million in 2019. He was named the Colts starting quarterback following the retirement of Andrew Luck on Aug. 24.
Brissett is 5-12 as a starter, including 4-11 with the Colts in 2017 when Luck was out for the season with a shoulder injury. He has 3,500 yards passing in his career with 13 touchdowns and seven interceptions.
The move came just hours after the Colts signed former New England Patriots quarterback Brian Hoyer as back up to Brissett. ESPN’s Adam Schefter reported that Hoyer agreed to a three-year, $12 million contract with $9 million guaranteed.