Wayne returns to Colts with three-year contract

Reggie Wayne‘s absence from the Colts’ roster didn’t last long, as the receiver agreed to a three-year deal to return to the team on the first day of free agency, a team source told NFL Network’s Albert Breer.

Wayne’s deal is worth $17.5 million, NFL Network insider Jason La Canfora reported, citing a league source. Wayne will receive a $7.5 million signing bonus and be paid $13.5 million during the first two years of the deal.

“REGGIE! REGGIE! REGGIE!!!!!!!” Colts owner Jim Irsay tweeted after news of the deal leaked.

Many believed Wayne, who has 11,708 receiving yards and 73 touchdowns in 11 seasons with the Colts, would follow QB Peyton Manning wherever he went. But league sources told Breer earlier Tuesday that really wasn’t the case, and they proved to be right as the five-time Pro Bowl receiver returned to Indy.

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