WEDNESDAY, 9:59am: Agent Drew Rosenhaus confirmed today (via Twitter) that his client has officially signed with the Colts.
TUESDAY, 5:12pm: As expected, the Colts have agreed to terms with running back Frank Gore, the team announced today in a press release. Considering Gore appeared to have a deal locked up with the Eagles this weekend, reports that had the former Niner headed to Indianapolis required some additional confirmation, and the Colts have now provided that confirmation. Drew Rosenhaus, Gore’s agent, tweets that Gore has not yet signed the contract, but with Indy already announcing the deal, it’s to safe to say that Gore will be a Colt.
The 31-year-old Gore will apparently earn similar money in his new home — according to Adam Schefter of ESPN.com (via Twitter), the deal Gore is expected to sign with the Colts is similar to the one he would’ve signed with the Eagles. It’s for three years, with a total value of $12MM, and $7.5MM guaranteed.
We’ll surely learn more about why Gore spurned Philadelphia for Indianapolis, but early reports indicated that the veteran didn’t want to deal with an aggressive coach like Chip Kelly. Gore also had a more favorable impression of the Colts’ offense, especially given that Jeremy Maclin is headed to the Chiefs. Additionally, the chance to play to with Andrew Luck is surely more appealing that whomever the Eagles plan to turn to, whether it be Sam Bradford or Mark Sanchez.
Gore, who had spent his entire career with the 49ers, was said to be targeting a $4MM annual salary, so it looks like he’ll hit that goal. With the Colts, he’ll add stability at the running back position, where Indy is expected to try to release Trent Richardson.