PALM BEACH, Fla. -- Indianapolis Colts owner Jim Irsay says his team likes Andrew Luck and Robert Griffin III and hasn't decided which of the two star quarterbacks it will take with the No. 1 pick in next month's draft.

"I think they're both outstanding young men," Irsay said during a break in the owners meetings here Monday. "I don't think it's either-or, where only one of them is going to succeed. I think they're both going to be great."

It's long been assumed the Colts would take Luck with the first pick, and after the Washington Redskins traded up to get the No. 2 pick in the draft, it's been assumed that they'd take Griffin. In truth, the Redskins are expecting the Colts to take Luck and excited to have Griffin. But if the Colts did take Griffin instead, the Redskins would be thrilled to have Luck fall to their spot.

Since they have the No. 1 pick, the Colts could, if they so choose, do a contract with Luck (or Griffin, or any player they want, actually) in advance of the draft.

"If we decided to do a deal early with one of them, that's something we could definitely look into," Irsay said. "But we're still in the evaluation process right now."

It's possible the Colts have always been and remain set on taking Luck, and that the public interest in Griffin is a negotiating tactic Irsay is attempting to use with Luck. The Colts have been enamored with Luck for a long time. ESPN analyst Bill Polian, who was the Colts' GM until a couple of months ago, has said last week on NFL Live that he believes Irsay is set on Luck as Peyton Manning's successor in Indianapolis.

The key thing to remember, though, if you're a Redskins fan, is the team believes (as Irsay says his team does) that there are two can't-miss quarterback prospects in this year's draft, and the trade the Redskins made with St. Louis ensured they will get one of them. Which one it is doesn't matter as much as the fact that the Redskins believe that No. 2 pick sets them up at quarterback for years to come.