9:15 am – Schefter is reporting that the deal is final for five years and is worth $33 million with a $12 million signing bonus.

8:10 am – There was little doubt an agreement between Indianapolis and free agent linebacker Gary Brackett would come together sooner or later, but once the free agency period hit last night, things could have easily gone in a different direction if another club chose to throw more cash in Brackett’s direction.

None of that matters now, as the Colts have a deal in place with Brackett, according to ESPN’s Adam Schefter. Terms of the contract were not immediately available but Schefter believes the agreement is for five seasons.