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Luck's agent seeks more favorable signing bonus payout schedule

The SportsXchange

While the gridlock over offset language is arguably the primary factor standing in the way of agreements for the top eight players in the draft, a deal for No. 1 overall selection Andrew Luck might be hung up on another element as well: The schedule for the payout of his signing bonus.

Word is that the former Stanford quarterback and agent Will Wilson of the Wasserman Media Group are seeking a more favorable payout schedule than has been offered by the Indianapolis Colts.

As reported last month by The Sports Xchange, the rookie wage scale formula pretty much dictates that Luck will receive the exact same signing bonus, $14,518,544, that Cam Newton got from the Panthers as the top overall draft choice a year ago.

Newton's bonus was meted out by Carolina in two 50-50 installments -- it's rare when top choices actually cashier all of their so-called "upfront" money in a lump payment -- and Luck and Wilson are either bargaining for a different split or, more likely, timing is are more advantageous to the player.
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