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Report: Colts Set To Draft Andrew Luck

Ezra Shaw/Getty Images(INDIANAPOLIS) -- The Indianapolis Colts are planning to select Stanford quarterback Andrew Luck with the overall number one pick in this year's NFL draft, according to ESPN.

Colts owner Jim Irsay envisions Luck becoming the franchise quarterback, taking over the reigns at some point for Peyton Manning.

ESPN NFL insider Adam Schefter says the pick is a no-brainer.

“Andrew Luck is regarded as, by many, the top quarterback prospect since Peyton Manning,” Schefter said. “So you need to find a way to get him on the field, but how do you do that if you have Peyton Manning?”

The Colts finished the 2011 campaign 2-14, after Manning missed the entire season recovering from neck surgery

During his 14-year career in Indianapolis, Manning has tossed for 54,828 yards and 399 touchdowns, leading the Colts to a victory in Super Bowl 41. He has been named to the Pro Bowl 11 times, and has won the league MVP award four-times.

The first round of the NFL draft is schedule to take place Thursday, April 26th in New York City.

Copyright 2012 ABC News Radio

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