Andrew Luck will not be a free agent anytime soon. On Wednesday, the Indianapolis Colts and Luck agreed on a new six-year deal through the 2021 season. Luck, who turns 27 years old in September, was entering the final year of his rookie contract and could have become a free agent in 2017

According to Adam Schefter of ESPN, the six-year extension will pay "just north of" $139 million and $87 million in guaranteed money, both of which are league highs.

Reactions to the news

Shortly after the news was released Luck said, "I am thrilled and excited to continue with this great organization. I am thankful to the Irsay family and Mr. Irsay for providing me with this great opportunity and the trust that they've shown in me. I can't wait for this season to start."

Colts owner Jim Irsay was more than thrilled as he took to Twitter to share his thoughts. 

The deal will keep Luck in Indy for many years to come and the Colts will be ready to rebound from a tough 2015. 

What Luck has already done

2012-2014: A star is born

Since being drafted number one overall in the 2012 draft Luck has been incredible. His first three years he had a record of 33-15 and made the playoffs in all of these seasons. He also had over 12,000 passing yards, 86 touchdowns, and 43 interceptions. Luck made the AFC Championship game in 2014 and it looked like 2015 could have the same fate, but then injuries got in the way.

2015: Injury-plagued year

In Weeks 4 and 5, Luck missed the first two games of his career with an injured shoulder. A few weeks later Luck returned to the lineup on October 18 in a 34-27 loss to the New England Patriots. But Luck would soon be out again. On November 10, it was announced that Luck would miss 2–6 weeks with a lacerated kidney and a partially torn abdominal muscle, suffered during a game a few weeks before.  However, the recovery process took much longer than expected and Luck did not return for the rest of the season. The Colts would fail to make the playoffs for the first time since Luck arrived. They finished 8-8.

Andrew Luck, here against the Denver Broncos, will be the Colts starter for the long term | Joe Robbins - Getty Images
Andrew Luck, here against the Denver Broncos, will be the Colts starter for the long term | Joe Robbins - Getty Images

What it means for the future

Now that the Colts have their star quarterback locked up for the foreseeable future they will hope to be contenders in the AFC for the next few years. With a healthy Luck locked up for the long haul, the Colts should be in good shape for many years to come.