Colts and Brackett Agree to New Deal

ColtPower has learned from a source close to the team that the Colts and restricted free agent linebacker Gary Brackett have agreed to terms on a multi-year contract.

The Indianapolis Colts continue to be very proactive with their key free agents despite the uncertainty of the Collective Bargaining Agreement. Last week the Colts nailed down unrestricted free agents Reggie Wayne and Raheem Brock with multi-year deals. Today, ColtPower learned from one of our sources the they have reached an agreement with middle linebacker Gary Brackett.

While financial details were not yet available, the multi-year contract -- once approved by the league office -- will keep the Colts from having to put a contract tender offer on Brackett who was scheduled to become a restricted free agent on Friday. Without a new contract, Brackett would have likely received a mid-range one-year tender in the $1.5 million range. That would have assured that the Colts could have matched any offer for his services or -- if they declined to do so -- would have received a first-round draft pick from the team that made the offer.

According to our source, Brackett is very pleased to be staying in Indianapolis and in the confidence the Colts have shown in his abilities after completing his first year as a starter. He finished the regular season with 92 tackles, 35 assists, 1 sack, 3 interceptions and a forced fumble.

ColtPower will provide more details as they become available.

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