Colts Sign T.Y. Hilton To $65 Million Extension

T.Y. Hilton

The Indianapolis Colts agreed to a contract extension with receiver T.Y. Hilton this week.

According to, the deal is for five years and is worth $65 million -- $39 million of which is guaranteed.

The number is twice as much guaranteed money as any other player on the Colts roster. Quarterback Andrew Luck is second on the team with $22.1 million.

"It's a great day for the Indianapolis Colts, T.Y. Hilton and his family," Colts general manager Ryan Grigson said in a statement. "We're extremely happy as an organization to ensure that T.Y. will continue to be a part of our journey for many years to come. His daily excellence on and off the field is a shining example of an individual striving for greatness and what it truly means to be a Colt."

Hilton, who drafted in 2012, is coming off his first Pro Bowl appearance, after recording 82 receptions for 1,345 yards last season.

Furthermore, according to ESPN Stats & Information, he has 17 receptions of at least 40 yards since 2012, the third most in the NFL during that time span behind DeSean Jackson (23) and A.J. Green (19).