The Colts made it official on Wednesday, signing star wide receiver Reggie Wayne.
The Indianapolis Star reported the deal to be a three-year pact worth $17.5 million.
"REGGIE! REGGIE! REGGIE!!!!!!!" Irsay tweeted hours after the NFL free agency period began.
Wayne has played all of his 11 NFL seasons with the Colts -- catching passes from Peyton Manning for most of that time -- and was one of 532 players who became a free agent when his contract expired Tuesday afternoon.
The Miami-Florida product had 75 catches for 960 yards and four touchdowns last season, numbers that were down as the Colts struggled to find a reliable weekly quarterback presence in Manning's absence.
He has racked up 862 receptions for 11,708 yards and 73 touchdowns since his rookie season in 2001.