The Indianapolis Colts have come to terms with WR Reggie Wayne.
The extension, which is expected to be officially executed later this week, could be worth nearly $40 million and includes bonuses totaling $13 million-$14 million.
Securing Wayne means that Indianapolis still has the franchise marker available, and could use it to keep tailback Edgerrin James, who is eligible for unrestricted free agency. It is unlikely, however, given the cap ramifications, that Indianapolis will tag James for a second year in a row. At the Pro Bowl last week, the veteran tailback indicated to ESPN.com that he is prepared to play elsewhere in 2006.
Wayne over Edge? Man, RBs in the NFL aren’t nearly as valuable as they are in my fantasy league.
