ANDERSON, Ind. -- Eyebrows -- lots of them -- were raised when the Indianapolis Colts selected receiver Phillip Dorsett with their first-round pick back in April.

What about fellow receiver T.Y. Hilton?

That was the logical question to follow, because Hilton and Dorsett have similar skills.

The one thing owner Jim Irsay and general manager Ryan Grigson have consistently said since April is that they can’t have too much speed on offense, especially when you have a quarterback like Andrew Luck.

The Colts backed up those words -- especially those of Irsay to ESPN.com when he said he felt like a deal would get done before the start of the regular season -- when they locked up Hilton for the next five years for $65 million early Thursday morning.

Locking up Hilton now was the right approach to avoid possibly losing him as a free-agent in the spring, because his speed and big-play ability can’t be questioned. He’s coming off his first Pro Bowl after delivering 82 receptions for 1,345 yards and seven touchdowns last season.

This is just the start for the Colts.

The key components to their future are members of the 2011 and 2012 draft classes.

Next up for them is left tackle Anthony Castonzo. Like Hilton, Irsay told ESPN.com that the goal is to get Castonzo, who is responsible for protecting Luck’s blind side, done before the season starts.

Then the Colts will shift their focus to tight ends Dwayne Allen and Coby Fleener, who are coming off seasons where they each had a career-high eight touchdown receptions.

And don’t worry about Luck. He’s not going anywhere. Irsay plans to start negotiating an extension with his franchise quarterback after the season. You can expect Luck, who led the Colts to the AFC Championship Game last season, to become the NFL’s highest paid player

"My belief has always been to keep the core players, really good players for your football team," Irsay told ESPN.com last month. "That’s my plan here. To get those guys second contracts. It’s going to be harder to be involved in free agency, but that’s fine. We’re not going to be making the splashes the next few years like we did this offseason, just because the money won’t be available because of the cap. However, look for us to keep core players and our top players."