=== Report: Colts, Wayne agree to six-year deal ===
The Indianapolis Colts have taken care of one of their major offseason decisions, as the club has reportedly agreed to a six-year contract with wide receiver Reggie Wayne worth approximately $40 million. According to the Indianapolis Star, Wayne's agent David Dunn confirmed that the talented wideout agreed to the deal, which also includes a signing bonus close to $13.5 million, on Wednesday.
Wayne has emerged as one of the league's top wide receivers over the last two seasons. The former first-round pick had 77 receptions for 1,210 yards and 12 touchdowns during his breakthrough 2004 campaign, then led Indianapolis with a career-best 83 catches for 1,055 yards this past year.
In five NFL seasons, all with the Colts, Wayne has compiled 304 catches for 4,164 yards and 28 scores. Wayne's retainment also likely signals the end of Edgerrin James' tenure with the Colts. Indianapolis has until Thursday to decide whether to designate the All-Pro running back as its franchise player for the second straight year, a move that now appears impossible.
Slapping James with the franchise tag would give him a 2006 salary of almost $11 million and put the Colts well over the cap, meaning the club would have to release several players to keep him. If James is unable to come to terms with Indianapolis by March 3, he will become an unrestricted free agent.
Wayne has emerged as one of the league's top wide receivers over the last two seasons. The former first-round pick had 77 receptions for 1,210 yards and 12 touchdowns during his breakthrough 2004 campaign, then led Indianapolis with a career-best 83 catches for 1,055 yards this past year.
In five NFL seasons, all with the Colts, Wayne has compiled 304 catches for 4,164 yards and 28 scores. Wayne's retainment also likely signals the end of Edgerrin James' tenure with the Colts. Indianapolis has until Thursday to decide whether to designate the All-Pro running back as its franchise player for the second straight year, a move that now appears impossible.
Slapping James with the franchise tag would give him a 2006 salary of almost $11 million and put the Colts well over the cap, meaning the club would have to release several players to keep him. If James is unable to come to terms with Indianapolis by March 3, he will become an unrestricted free agent.
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