The Indianapolis Colts are retaining their quarterback insurance policy.
The 39-year-old quarterback will earn $3 million, according to NFL.com’s Ian Rapoport, who cited a source familiar with the deal. That’s $750,000 less than what Hasslebeck counted against the salary cap last season.
The three-time Pro Bowl selection has played in seven games as Luck’s backup, completing 37-of-56 passes for 431 yards with two touchdowns and one interception for a 93.7 passer rating.
But more importantly than his recent numbers, his return ensures the Colts will have a seasoned quarterback capable of leading them to victory should Luck get injured. That’s why he received a two-year deal in 2013.
He’s appeared in 201 games, 152 of them starts, in his pro career. Hasselbeck has completed 3,066-of-5,074 passes for 34,948 yards with 203 touchdowns and 148 interceptions for a passer rating of 82.3.
He ranks fifth among active quarterbacks in attempts, seventh in completions, eighth in passing yards and 10th in passing touchdowns. Hasselbeck has started 11 career playoff games, including one Super Bowl while with Seattle, completing 237-of-406 passes for 2,741 yards with 18 touchdowns and nine interceptions for a 84.4 rating.
Hasselbeck, who turns 40 in September, has 22 career 300-yard passing games in the regular season and two in the postseason.
Prior to joining the Colts, he played two seasons with Tennessee, 10 with Seattle and three with Green Bay. He led the Seahawks to six postseason berths and their first Super Bowl appearance in 2005.
Phillip B. Wilson can be found on Twitter (@pwilson24), Facebook and Google+.