Adam Schefter of ESPN is reporting that the Indianapolis Colts have re-signed restricted free agent safety Antoine Bethea. According to Schefter, the four year deal is worth $27 million. Bethea will make $18 million in his first two seasons.

The Colts next priority this off season will be re-signing Peyton Manning, then disgruntled veterans Reggie Wayne and Robert Mathis. Colts owner Jim Irsay said he wants to make Manning the highest paid player in the NFL.

Wayne and Mathis have skipped the Colts mini-camps so far this off season, and it will be interesting to see how long they take their holdouts.