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Jim Irsay would like Andrew Luck extension done by July 4


of the Tennessee Titans against the Indianapolis Colts at Lucas Oil Stadium on January 3, 2016 in Indianapolis, Indiana.

Joe Robbins

July 4 is Independence Day in the United States, but Colts owner Jim Irsay would like to be celebrating something different on this year’s holiday.

Irsay invited a few reporters to join him on the yacht that’s serving as his home base during the league meetings in Boca Raton, Florida on Tuesday and the topic of quarterback Andrew Luck’s extension came up for discussion. Luck is in the final year of his rookie contract and Irsay said that he’d like to have what he expects will be a “shocking” deal completed by July 4.

There are 10 quarterbacks in the league right now averaging at least $20 million a year and Luck should make that group bigger when and if he agrees to a deal with the Colts. There’s a chance it could wind up setting a new high water mark for quarterbacks in terms of total and guaranteed money as well, which would be reason for some fireworks.

Just don’t ask Jason Pierre-Paul to provide them.