Colts sign T.Y. Hilton to a five-year extension

The Indianapolis Colts agreed to a contract extension with fourth-year receiver T.Y. Hilton on Thursday.

A source told ESPN NFL Insider Adam Schefter that the deal is for five years and is worth $65 million -- $39 million of which is guaranteed.

Fantasy Impact: 

In PPR formats, Hilton finished 31st, 19th and 11th in his first three seasons. For those scoring at home, that’s a pretty nice trend. He’s the No. 1 receiver in a high-octane offense, and although there are more mouths to feed in Indianapolis this season, he should continue to see his fare share of targets.

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