Andrew Luck and the Indianapolis Colts continue to make progress on extension talks. The sides are expected to sign a deal before the start of camp.

Luck is unlikely to accept anything less than the $22.13 million annual average Joe Flacco signed.

Luck is slated to make $16.155 million on his fifth-year option in 2016, the final year of his rookie deal.

If the Colts were to use back-to-back exclusive franchise tags in 2017 and 2018, Luck would net $25 million and $35 million. That three-year, $76 million figure may serve as the basis for talks.