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Colts owner Jim Irsay open to Lamar Jackson, but hesitant on fully-guaranteed contract

Lamar Jackson, the former NFL MVP and free agent quarterback, has been making headlines with his contract demands. While some teams have shown little interest in signing him, the Indianapolis Colts seem to be open to the idea of bringing him on board. However, Colts owner Jim Irsay has expressed some concerns about the specifics of Jackson's contract.

According to Irsay, the money that Jackson is asking for is not an issue. As he told ESPN's Stephen Holder: "The money is not a problem". This is good news for Jackson, who is rumored to be seeking a contract similar to the five-year, $230 million deal that Deshaun Watson signed with the Browns last year.

Lamar Jackson demands Baltimore Ravens 'pay him now' with sign after team's win against the Bucs

However, Irsay is less enthusiastic about the idea of a fully guaranteed contract for Jackson. As he explained to Zak Keefer of TheAthletic.com: "I do not believe in fully-guaranteed contracts." This is a stance that he has taken in the past, and it could be a sticking point in negotiations with Jackson.

Another potential hurdle for the Colts is the draft pick compensation they would have to give up to the Ravens in exchange for Jackson. If the Colts were to sign Jackson to an offer sheet and the Ravens declined to match it, the Colts would be required to give up their next two first-round draft picks. This is a significant price to pay for any player, even one as talented as Jackson.

Irsay is open to Lamar, although Colts have a good chance to draft a QB

Despite these concerns, Irsay is at least considering the possibility of bringing Jackson to the Colts. As he noted, "we're willing to pay him a lot." However, it remains to be seen whether the two sides will be able to come to an agreement on the specifics of the contract.

While the Colts may not be close to landing Jackson at this time, the fact that they are even considering him is noteworthy. As ESPN's Mike Wells noted: "Jackson's market has been shockingly tepid." With few other teams showing interest in the 26-year-old quarterback, the Colts could have an opportunity to land a talented player at a reasonable price.

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