I saw a (I think) CBS sportsline mock draft which had them trading Luck. It also had them making other trades, and the Colts literally had the 1st, 3rd, and 4th pick in the draft. Yeah I don't know how that writer had the guts to actually mock that. But maybe there are some rumblings of a Luck trade. I've thought for quite a while (and posted about it) that it might be the right thing for them to do (draft another QB while this high in a QB rich draft).
But it would be a scary proposition to trade for Luck. After all the lies out of Indy about Luck being ready for the 2017 season. If they are actually willing to draft another one and trade Luck... that should be an even bigger red flag then we've seen so far. It would basically confirm everyone's worst or next to worst thoughts. That his career is in jeopardy.
It does depend on compensation. Since Indy paid the signing bonus, other then any future roster bonuses, he'd only be on the hook for salary (which means he can be cut with NO cap hit, assuming no roster bonus has come due by then).
I have no problem giving up a 5th or 6th round pick for a chance at Luck, but if he's not ready, we'll be starting someone like Chase Daniels or a rookie QB next year. Of course he'd have to pass a physical with us.
But I don't think Indy would trade him for a 5th or 6th rounder. They'd likely just rather keep him around and hope for the best.
The issue with Luck, is it's not just can he come back, it's can he come back and take a hundred hits or so on that shoulder? That's a huge secondary concern. As of now he's barely starting to throw again, not get driven into the turf. Working out with people to regain his form and mechanics, which tells me he might have lost the muscle memory. Tom House and someone else. It's possible even if he can return, he might not be the same player.
Of course at some point Indy could cut him, but that isn't likely this year. Maybe 2019.
There's also rumblings that Miami might draft a QB in the 1st round. If so, Tannehill might be available.
A healthy Luck would be a good QB. He didn't have much around him in Indy. He basically just had Hilton. But there's too much uncertainty to really make a big offer. 5th or 6th rounder.