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Colts gets Gardner Minshew for one year, $3.5 million

Mike Florio and Peter King dive into the Eagles' reported move to sign a one-year deal with Marcus Mariota and explain why his style of play being more similar to Jalen Hurts will be beneficial.

Quarterback Gardner Minshew was, at one point, the next big thing in Jacksonville. He’s now getting low-end backup money in Indianapolis.

Per a source with knowledge of the terms of the deal, the Colts will pay Minshew $3.5 million for 2023.

The deal consists of a $1.75 million signing bonus, and a $1.75 million base salary.

He can earn another $2 million in playing-time incentives this year, pushing the deal to a maximum value of $5.5 million.

While it’s possible Minshew will be the placeholder for a rookie taken at the top of the draft, he’s more likely the backup -- sooner than later -- in Indy.

Minshew’s spot as the backup to Jalen Hurts in Philly has been filled by Marcus Mariota.