At this current juncture, it is unlikely that he will be ready to play in the season opener on September 10 against the Los Angeles Rams.
The next step in Luck's recovery is getting back on the practice field to work out the kinks after missing the entire offseason due to shoulder surgery.
While Colts fans should be excited about the prospect of finally having a healthy Luck, the uncertain timeline is a bit unsettling. However, since Luck remains on the PUP list, there is a chance that the Colts elect to hold him there, which would force him to miss the first six weeks of the 2017 season, per league rules. If Luck had remained on that list going into the regular season, he would've had to sit out the Colts' first six games of the year due to National Football League rules.
Irsay wouldn't confirm that Luck is out, but admitted it's likely he will spend the first weekend of the season on the sideline.
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As for Luck, he was just as vague as Pagano and Irsay when asked about his possible return.
"The odds are most likely he probably won't open up against the Rams, " he said following the Colts' 7-6 win over the Cincinnati Bengals Thursday night at Lucas Oil Stadium. I know that. I don't know what day it's going to be.
Luck's current five-year, $122.9 million deal takes him through 2021.