Indianapolis Colts News & Rumors

WR Alec Pierce Does Not Anticipate Colts Extension

Earlier this offseason, it was reported Alec Pierce and the Colts had yet to engage in extension talks. The fourth-year wideout’s camp has in fact spoken to the team about a second contract, but it is still unlikely one will be worked out any time soon.

Pierce is one of several Day 2 swings Indianapolis has taken at the receiver position under general manager Chris Ballard. The former second-rounder handled a regular offensive role during his rookie season before becoming a full-time starter in 2023. During that period, Pierce saw his yards per catch rate increase but managed only four touchdowns.

This past campaign resulted in a step forward in production despite the Colts’ quarterback issues. Pierce set a new personal best with 824 yards and caught a career-high seven touchdowns. His 22.3 yards per reception average led the NFL. At the age of 25, a raise should be in store on his next deal. It remains to be seen if it will come from Indianapolis, though.

“I haven’t even thought about it too much in terms of myself,” Pierce said when speaking about a potential Colts extension (via Joel A. Erickson of the Indy Star). “My agents might have talked with them a while back, but I feel like on that front, it’s going to be play the season out, kind of see where things go.”

While the door is certainly not closed to an arrangement keeping the Cincinnati product in place beyond 2025, Pierce’s comments strongly indicate he will at least test his market next spring. The Colts have not been shy about retaining in-house players during Ballard’s tenure as GM, although a philosophical shift was implemented this offseason. That could contribute to a 2026 free agent departure in this case.

The Colts have Michael Pittman Jr. on the books for another two years (with his $18MM base salary guaranteed in full for 2025.). He will be counted on to remain the team’s No. 1 wideout irrespective of who earns the starting quarterback gig. Ashton Dulin was re-signed on a two-year pact this offseason, and he will provide Indianapolis with a cost-effective depth option. Pierce is joined by Josh Downs (third round, 2023) and Adonai Mitchell (second round, 2024) as a Colts wideout attached to a rookie contract.

The team would therefore still have low-cost receivers to supplement Pittman in the event Pierce were to leave on the open market. It will be interesting to see if things change and efforts are made to work out a deal as the 2025 season progresses.

Colts, Bernhard Raimann Talking Extension

One year remains on Bernhard Raimann‘s rookie contract. To little surprise, talks on an extension have taken place between the Colts and their starting left tackle.

Raimann has handled first-team duties for 40 of his 45 career games with Indianapolis. The 27-year-old Austrian has yet to log a full 17-game slate, but he figures to be in the team’s long-term plans. While negotiations on a new deal are underway, though, a gap exists between team and player at this point.

“From my understanding, is that the numbers don’t quite add up yet,” Raimann said when speaking to Jake Query of 107.5 The Fan“They way they might value a position differently than my team thinks it is. We’re working on things.”

Of course, differences between the initial asking price from a player’s camp and the team’s valuation is commonplace in extension talks. As training camp progresses, it will be interesting to see if progress can be made allowing for a deal to be reached by Week 1. If no agreement is struck, 2025 will become a crucial campaign Raimann’s case.

The former third-rounder has seen his PFF evaluation improve with each passing season far in his career. Raimann ranked 25th amongst qualifying tackles as a rookie, but he has landed in the top 10 for each of the past two campaigns. A similar showing this year would certainly boost his stock on either a second Colts pact or one sending him to a new team via free agency (although the franchise tag would allow Indianapolis to prevent a departure in March).

The Colts already have Quenton Nelson attached to a deal averaging $20MM per season, making him one of only five NFL guards with an AAV that high. Right tackle Braden Smith – who agreed to a pay cut this offseason and is a pending 2026 free agent – is the only other offensive linemen on the team on the books at a notable figure. Two in-house blockers (center Tanor Bortolini and right guard Matt Goncalves) are set to take on full-time starting roles in the wake of center Ryan Kelly and right guard Will Fries joining the Vikings in free agency. Raimann leaving on the open market would be even more consequential to the Colts, so the progress of negotiations will be worth watching in his case.

DT Khalil Davis Retires

Khalil Davis remains unsigned as training camps open around the league. In lieu of continuing to pursue a free agent deal, the defensive tackle is hanging up his cleats.

Davis’ agent informed ESPN’s Jeremy Fowler on Monday of the news. As a result of the decision to end his NFL career, Davis will depart the league at the age of 28. His brother Carlos Davis has not officially retired but he last played in the regular season in 2022 and did not catch on with a team after being among the Bengals’ final cuts last summer.

Khalil Davis was selected one round earlier than his brother in the 2020 draft. Joining Tampa Bay as a sixth-rounder, he made a pair of regular season appearances with the team. Midway through the following season, however, Davis was waived. He played one game with the Colts before bouncing around the Steelers, Rams and Buccaneers’ practice squads.

The Nebraska product signed with the Texans ahead of the 2023 campaign, and it was with Houston that his largest workload emerged. Davis made 24 regular season appearances with the team; in 2023 his defensive snap share of 41% was the highest of his career. He remained with the Texans through the beginning of last season and remained a rotational member of the team’s defensive line. Davis was dealt to the 49ers just before the trade deadline, and he finished out the campaign in San Francisco as a result.

As a member of the Buccaneers during their Super Bowl win in 2020, Davis departs the game with a championship to his name. He added just over $4MM in career earnings while making a combined total of 34 regular and postseason appearances.

Colts Sign DE JT Tuimoloau; Finish Draft Signings

July 19: Tuimoloau’s contract is worth $9.942MM over four years, per KPRC2’s Aaron Wilson. 88.02% of the deal, or $8.75MM, is guaranteed, including a fully guaranteed $4.135MM signing bonus.

Comparatively, the No. 45 pick in 2024, Packers linebacker Edgerrin Cooper, received guarantees for less than 80% of his rookie deal.

July 18: The falling dominoes continue with the Colts signing their second-round pick today, according to Ian Rapoport of NFL Network. Ohio State defensive end JT Tuimoloau put pen to paper today, closing out the team’s rookie class signings.

A top-four recruit in the nation from the Class of 2021, Tuimoloau was on the field early and often as a true freshman for the Buckeyes. Getting snaps behind Zach Harrison and Tyreke Smith, Tuimoloau logged only two starts in Year 1 in Columbus, but he still showed the disruption that was to come with 2.5 sacks, 4.5 tackles for loss, and a batted pass in 12 games.

He exploded in his sophomore year, starting 10 of 13 games as essentially a full-time starter. That year, he only added one sack to his prior year total, but he stuffed the stat sheet elsewhere, logging 10.5 tackles for loss, a forced fumble, six passes defensed, and two interceptions. He followed that up with a decent junior campaign, improving his sack total to five while still notching seven tackles for loss and two passes defensed.

But it wasn’t until his senior year, a championship season, that he finally lived up to his 5-star recruiting status. Starting all 16 games, Tuimoloau led Ohio State in sacks (12.5) and tackles for loss (21.5), dominating opponents’ backfields all season. He added two forced fumbles and three passes defensed for good measure as he recorded a career-high 61 total tackles.

Indianapolis tied for 25th in the NFL last year with only 36 team sacks. 2021 first-round pick Kwity Paye continued to look decent with a team-leading eight sacks. The team was likely hoping for him to take the next step after he recorded 4.0, 6.0, and 8.5 in his first three seasons, but eight is still plenty serviceable. Defensive tackle DeForest Buckner was second on the team with 6.5 sacks, his lowest total since arriving in Indy five years ago. Last year’s first-round pick (and the first defensive player off the board in 2024) Laiatu Latu was third on the team, only logging four sacks while coming off the bench behind Dayo Odeyingbo.

So, once again, the Colts turned to the draft this year, hoping to improve their pass rush. With Paye in a contract year, Latu now in the starting lineup, and Tuimoloau chipping in, Indianapolis will hope that its trio of highly drafted pass rushers improves its standing in the sack race in 2025.

With Tuimoloau being the final Colts rookie to sign, here’s a look at the full 2025 draft class in Indianapolis:

Anthony Richardson Is Healthy, Ready To Compete With Daniel Jones For Colts’ QB Gig

With the Colts’ veterans due to report in less than a week, quarterback Anthony Richardson is “going to be good going into training camp,” according to ESPN’s Stephen Holder.

Richardson injured his shoulder during OTAs and missed mandatory minicamp, giving new teammate Daniel Jones a chance to take an early lead in the Colts’ starting quarterback competition. Richardson only appeared in 15 games (all starts) in his first two seasons due to injuries, a key factor in the team’s decision to sign Jones and publicly announce an open competition for the QB1 gig.

It was only two years ago that the Colts selected Richardson with the No. 4 pick, but there are signs that the team considers Jones to be a legitimate starting option for the 2025 season. One is that Jones opted to sign in Indianapolis in the first place.

“There was more interest in Daniel Jones out there than people realize,” said ESPN’s Adam Schefter. If Jones chose the Colts over other suitors, that would suggest that he believed he had the best chance of winning a starting job in Indianapolis.

Schefter also noted that the Colts gave Jones $14MM this offseason, more than what Russell Wilson and Aaron Rodgers received. Both are more experienced than Jones and seem to be the presumptive starters for their teams, so it would stand to reason that Jones is in a similar position.

Jones’ ability to command a new offense will be crucial to his chances of winning the starting job. Richardson, meanwhile, will have to prove that his shoulder is fully healthy and develop some mental and technical consistency to put him in a position to start.

33 Unsigned 2025 Draft Picks Remain

The NFL has hit a logjam and is collectively lagging far behind where it normally is at this point in the offseason. Two years ago, the league hit its last 30 unsigned players before July. Last year, teams were signing rookies as quickly as they were drafting them, and only 10 players remained unsigned by June 17. A couple intriguing situations have caused pens to go quiet in 2025, and as a result, here are the 33 remaining unsigned rookies of the 2025 NFL Draft:

Round 1:

Round 2:

Round 4:

  • No. 107 (Jaguars): Jack Kiser (LB, Notre Dame)

In recent years, a trend has seen second-rounders lasting the longest, but what we’re seeing this year is unheard of. As rookies have been getting a bit of flexibility in negotiating structures of guarantees, getting deals done has become a waiting game of seeing what surrounding picks are getting for comparison. Last year, teams breezed through the issue, but 2025 has seen significantly increased troubles.

Texans wide receiver Jayden Higgins set the tone by signing a fully guaranteed rookie contract, the first ever for a second-round selection. The next day, the Browns were essentially forced to do the same for Carson Schwesinger, picked one slot before Higgins. Shough, the Saints rookie quarterback, is seeking the same deal, hoping that his elevated status as a passer will help convince New Orleans to continue making history. Shough’s efforts have caused every pick between him and Higgins to stand pat, waiting to see if they get to ask for full guarantees from their teams, as well. This would be a drastic development, as last year’s 40th overall pick, Cooper DeJean, received only two fully guaranteed years with only partial guarantees in Year 3.

The biggest story outside of the second round is that of the standoff between Stewart and the Bengals. Stewart has issues with what he perceives as a lack of protection in Cincinnati’s offer that causes a contract default in any year to void any guarantees in all the following years. It’s a new precedent the team is trying to set, and Stewart seems intent on preventing them from doing so.

It will be interesting to see which standoff gets settled first: Stewart’s or Shough’s. The latter standoff ending would likely set off a domino reaction of second-round deals that would help a large number of teams close out their rookie classes. To this point, only four NFL teams have done so.

The NFL’s Longest-Tenured GMs

The NFL’s 2025 HC carousel brought five new sideline leaders; this year’s GM market eventually featured four new hires. Two teams made quick-trigger decisions involving front office bosses this offseason.

Not long after the Raiders fired Antonio Pierce, they booted Tom Telesco — brought in to give the inexperienced HC a seasoned GM — after just one season. New minority owner Tom Brady, who certainly appears to have downplayed his Raiders role in a recent interview, wanted a fresh start. That meant firing Telesco despite the GM’s Brock Bowers draft choice last year. John Spytek, an ex-Brady Michigan teammate who was with the Buccaneers when the team signed the QB icon, replaced him. Formerly the Chargers’ front office boss, Telesco had entered every season in a GM chair since 2013.

Ran Carthon received two years in charge in Tennessee, but owner Amy Adams Strunk — a year after the surprise Mike Vrabel firing — moved on and arranged an interesting power structure this offseason. The Titans installed Chad Brinker, who had been one of Carthon’s two assistant GMs, as president of football operations. The ex-Carthon lieutenant holds final say over new hire Mike Borgonzi, who did run the Titans’ draft this year. Borgonzi, who interviewed for the Jets’ GM job as well, comes over after a lengthy Chiefs tenure.

The in-season Joe Douglas firing brought a Jets GM change for the first time in six years. As Woody Johnson overreach became a regular talking point in New York, the Jets started over with Darren Mougey. Johnson changed up his workflow upon hiring Mougey, however. Rather than the GM directly reporting to the owner (as Douglas had), both Mougey and Aaron Glenn will do so. Mougey, though, does control the roster.

Telesco’s January firing left Trent Baalke as the NFL’s lone second-chance GM. The Jaguars had kept Baalke despite firing Doug Pederson, but as the team’s coaching search brought significant concerns from candidates about the presence of the resilient GM, Shad Khan eventually made a change. This move came after top HC candidate Liam Coen initially turned down a second interview, doing so after Ben Johnson concerns about the situation circulated. Gladstone is now in place as the NFL’s youngest GM, at 34, coming over from the Rams.

This offseason also brought three GM extensions — for Jason Licht, Kwesi Adofo-Mensah and Omar Khan. Licht is heading into his 12th season at the helm. Adofo-Mensah joined Vikings HC Kevin O’Connell in being extended this offseason. Also a 2022 GM hire/promotion, Khan signed a Steelers extension this week.

Although Jerry Jones and Mike Brown have been in place longer, the Cowboys and Bengals’ owners hold de facto GM titles. Mickey Loomis is not only the longest-tenured pure GM in the NFL; the Saints boss trails only Hall of Famer Tex Schramm as the longest-tenured pure GM in NFL history. Hired four years before Sean Payton in New Orleans, Loomis heads into his 24th season at the controls. Loomis hired his third HC as a GM (Kellen Moore) in February.

Here is how long every GM has been in place across the NFL:

  1. Jerry Jones (Dallas Cowboys): April 18, 1989[1]
  2. Mike Brown (Cincinnati Bengals): August 5, 1991[2]
  3. Mickey Loomis (New Orleans Saints): May 14, 2002
  4. John Schneider (Seattle Seahawks): January 19, 2010; signed extension in 2021
  5. Howie Roseman (Philadelphia Eagles): January 29, 2010[3]; signed extension in 2022
  6. Les Snead (Los Angeles Rams): February 10, 2012; signed extension in 2022
  7. Jason Licht (Tampa Bay Buccaneers): January 21, 2014; signed extension in 2025
  8. Chris Grier (Miami Dolphins): January 4, 2016[4]
  9. John Lynch (San Francisco 49ers): January 29, 2017; signed extension in 2023
  10. Chris Ballard (Indianapolis Colts): January 30, 2017; signed extension in 2021
  11. Brandon Beane (Buffalo Bills): May 9, 2017; signed extension in 2023
  12. Brett Veach (Kansas City Chiefs): July 11, 2017; signed extension in 2024
  13. Brian Gutekunst (Green Bay Packers): January 7, 2018; agreed to extension in 2022
  14. Eric DeCosta (Baltimore Ravens): January 7, 2019
  15. Andrew Berry (Cleveland Browns): January 27, 2020; signed extension in 2024
  16. Nick Caserio (Houston Texans): January 5, 2021
  17. George Paton (Denver Broncos): January 13, 2021
  18. Brad Holmes (Detroit Lions): January 14, 2021; agreed to extension in 2024
  19. Terry Fontenot (Atlanta Falcons): January 19, 2021
  20. Joe Schoen (New York Giants): January 21, 2022
  21. Ryan Poles (Chicago Bears): January 25, 2022
  22. Kwesi Adofo-Mensah (Minnesota Vikings): January 26, 2022; signed extension in 2025
  23. Omar Khan (Pittsburgh Steelers): May 24, 2022; signed extension in 2025
  24. Monti Ossenfort (Arizona Cardinals): January 16, 2023
  25. Adam Peters (Washington Commanders): January 12, 2024
  26. Dan Morgan (Carolina Panthers): January 22, 2024
  27. Joe Hortiz (Los Angeles Chargers): January 29, 2024
  28. Eliot Wolf (New England Patriots): May 11, 2024
  29. Mike Borgonzi (Tennessee Titans): January 17, 2025
  30. John Spytek (Las Vegas Raiders): January 22, 2025
  31. Darren Mougey (New York Jets): January 24, 2025
  32. James Gladstone (Jacksonville Jaguars): February 21, 2025

Footnotes:

  1. Jones has been the Cowboys’ de facto general manager since former GM Tex Schramm resigned in April 1989.
  2. Brown has been the Bengals’ de facto GM since taking over as the team’s owner in August 1991.
  3. The Eagles bumped Roseman from the top decision-making post in 2015, giving Chip Kelly personnel power. Roseman was reinstated upon Kelly’s December 2015 firing.
  4. Although Grier was hired in 2016, he became the Dolphins’ top football exec on Dec. 31, 2018

Colts Rookie CB Justin Walley Could See Field Early

Last year, the Colts fielded a strong trio of cornerbacks in Jaylon Jones, Samuel Womack, and Kenny Moore. The team then added Charvarius Ward on a three-year, $54MM contract in free agency. That made it all the more shocking when Indianapolis selected a cornerback — one with a Day 3 grade, mind you — in the third round of the 2025 NFL Draft. Well, according to Stephen Holder, that selection stands a strong chance of contributing to the defense as a rookie.

The Colts cornerback trio was extremely impressive in 2024. Though the defense struggled as a whole, they ranked sixth in interceptions with Jones, Womack, and Moore combining to contribute eight interceptions and 28 passes defensed. The three players accounted for 92 percent of the team’s snaps at outside cornerback, while Moore doubled as the primary nickelback, as well, and all three defenders graded out in the top 45 players out of 116 at the position, per Pro Football Focus (subscription required).

Then, the team added Ward to the mix. Ward had a bit of a down year in San Francisco last season, but he has been a consistently strong starter in every other season of his career. In 2023 alone, he reeled in five interceptions and led the NFL with 23 passes defensed. Ward’s presence likely pushes Womack down to CB4, granted he returns to his usual quality of play. So, with four strong cornerbacks in rotation, what could’ve prompted the Colts to use their second Day 2 pick on Minnesota cornerback Justin Walley?

A three-star recruit out of Mississippi, Walley started in six games as a rookie with the Golden Gophers and served as a full-time starter for the rest of his collegiate career. In four years, he tallied seven interceptions and 34 passes defensed. His speed and aggression put him on scouts’ radars, but his undersized frame had scouts thinking that he would be easily overpowered in that aggression against NFL competition. This led to projections of him being picked late on Day 3 of the draft in the last three rounds.

Per Holder, though, Walley has more than proved to be worth his draft stock so far in Indy. He’s reportedly been turning heads throughout the offseason, continuing his aggressive coverage while showing impressive instincts, as well. Head coach Shane Steichen noted that Walley “has been making a ton of plays through OTAs,” calling him “really sticky in coverage.”

With so many strong players at his position, he likely won’t be earning a starting role, but he’s looking to be too talented to keep off the field. The Colts are expecting for him to be part of their dime package and a frequent rotation in nickel, as well. He could end up being well worth the third-round pick used on him.

Offseason In Review: Indianapolis Colts

The Colts entered the offseason with decision-makers on the ropes, as the Anthony Richardson decision may well be on the verge of ending Chris Ballard‘s lengthy GM stint and Shane Steichen‘s shorter HC run. Indianapolis moved on from one exec closely involved in the Richardson choice, and the team brought in Daniel Jones as competition. Thus far, signs point to that battle veering toward the six-year Giants starter.

As Jones steps into a strange savior role, considering the damage he did to the Giants’ power structure after struggling on a big-ticket contract, the Colts deviated from their usual Ballard-era free agency philosophy by signing two pricey DBs. The Colts are attempting to snap a four-season playoff drought, and jobs may be on the line. The Colts’ equation then changed drastically in May after Jim Irsay‘s death. The late owner’s oldest daughter, Carlie Irsay-Gordon, is now in control ahead of a pivotal season for the franchise.

Free agency additions:

Give Ballard credit for following through on a January mission statement. The ninth-year GM indicated his conservative free agency blueprint — an M.O. that prioritized a draft-and-develop route to the point the Colts fielded an almost entirely homegrown starting lineup last season — likely needed to change. Ballard had provided only one $20MM guarantee to a free agent in his tenure; that was Philip Rivers in a 2020 one-off. The embattled front office boss went to work on changing his stripes this offseason, as two of PFR’s top 40 free agents ended up in Indianapolis’ secondary.

This year’s cornerback market highlighted the value of the medium-term contract. Ward joined D.J. Reed, Carlton Davis and Byron Murphy in eschewing the usual four-year second contract for three- or two-year (in Murphy’s case) accords earlier this decade. That set up the late-20-somethings for significant third contracts, deals that probably would not have been available had the quartet opted for traditional-length FA pacts earlier. A new market for the third-contract CB ended up being set in a few hours’ time in March, and the Colts outmuscled multiple suitors for Ward.

Indianapolis had kept costs low at its outside cornerback positions for most of Ballard’s tenure, allocating the most notable CB money to their slot post. Kenny Moore‘s two contracts reset the slot market in 2019 and 2024, but he had little help following the 2023 Stephon Gilmore trade. Gus Bradley‘s vanilla scheme did not feature reliable pieces outside over the past two seasons, and the Colts had seen prior developments — the Rock Ya-Sin-for-Yannick Ngakoue trade and the Isaiah Rodgers gambling suspension — affect this position. Ward now checks in as an anchor-level piece, and the Colts will hope to coax more quality work as the ex-UDFA nears 30.

The 49ers made their CB choice by extending Deommodore Lenoir last season, effectively ensuring Ward would need to sign his third contract elsewhere. Ward slogged through a down season. The former Super Bowl winner (as a Chief) did not overlap with Ballard in Kansas City, being acquired from the Cowboys (for guard Parker Ehinger) months after Ballard’s Indianapolis arrival. He signed a three-year, $40MM 49ers deal in 2022, becoming one of many Chiefs one-contract CBs under Steve Spagnuolo. Ward provided a boost for San Francisco, earning second-team All-Pro acclaim during the team’s Super Bowl LVIII season.

Ward, 29, led the NFL with 23 passes defensed in 2023 but saw his coverage metrics worsen last season. After allowing 56.8% and 54.1% completion rates as the closest defender in 2022 and ’23, Ward yielded 61.5% accuracy last year. This corresponded with a rise in passer rating allowed (116.6 – up from 2023’s 64.5 number). Pro Football Focus had rated Ward as a top-six corner in both 2022 and ’23, but it dropped him to 93rd during Nick Sorensen’s season in charge.

Ward, however, was playing after a family tragedy; his 1-year-old daughter died in October 2024. The Colts will bet on the proven cover man regaining his previous form, and other teams — the Chiefs included — were willing to do the same.

It was certainly interesting to see the Colts win not one but two free agency derbies for DBs. Bynum checks in as a more traditional pickup, being on his second contract and attached to a four-year pact. But the 6-foot safety will turn 27 this month. Cashing in now is paramount to a player who became an important piece as Brian Flores rebuilt the Vikings’ defense. Part of the DC’s top-five unit, Bynum excelled in a complex scheme and will join a Colts team that had mostly turned to the draft (Nick Cross, Julian Blackmon, Malik Hooker, Clayton Geathers) to staff this position over the past decade.

The safety market has fluctuated over the past several years, and the past two free agencies saw money dry up after the top targets (Jessie Bates, Xavier McKinney) signed. This year, however, teams prioritized the position. As two-high looks populate NFL defenses, four teams — the Colts, Giants (Jevon Holland), Panthers (Tre’von Moehrig) and Broncos (Talanoa Hufanga) — doled out at least $13MM per year to add a safety. Bynum is now the NFL’s 10th-highest-paid safety.

The former fourth-round pick talked terms with the Vikings, but they made Murphy a higher priority. Bynum has been durable (51 starts since 2022) and productive (eight rookie-contract INTs). PFF graded Bynum 21st among safety regulars in 2023 but slotted him outside the top 60 last year. Teams were undeterred, driving up the market.

Bynum will join Cross, who enters a contract year after leading all DBs in 2024 tackles, as the Colts’ starting safeties. Lou Anarumo‘s group will carry considerably more firepower compared to Bradley’s Moore-dependent secondary.

Jones’ contract does not approach where the Colts went for Rivers, but the stakes attached to this Indy QB move are higher. The Giants gave the oft-underwhelming Eli Manning heir apparent six years. After two unimpressive seasons under Jason Garrett, Jones delivered a surprising breakthrough in Brian Daboll‘s 2022 Coach of the Year season. The former No. 6 overall pick ranked sixth in QBR and elevated an overmatched (save for Saquon Barkley) skill-position corps to the divisional round.

The well-timed season garnered Jones a four-year, $160MM deal. The QB’s production on that contract represents the main reason Daboll and Joe Schoen are on hot seats, making it fascinating he is now in Indy potentially tasked with cooling the temperature on Ballard and Steichen’s chairs. The Giants benched Jones after a 2-8 start, and he was no better before his midseason ACL tear in 2023. Being nearly two years removed from that injury could help unlock the former dual threat’s run-game element; Jones’ 708 rushing yards in 2022 represented an important part of the Giants’ playoff formula. But after the Giants waived Jones and the Vikings did not make him their backup, he comes to Indy with little momentum.

Briefly connected to Trey Lance, the Colts outbid the Vikings for Jones. They made no secret of the fact Richardson would need to compete to keep his job. Considering the concerning accuracy the former No. 4 overall draftee displayed last season, Jones viewed the Colts as a rebound gateway due to the playing time that could be available. The Vikings being set to give J.J. McCarthy the reins made that job less appealing for Jones, who still has a chance, despite the New York disappointments, to travel a Baker Mayfield– or Sam Darnold-like path via this Colts opportunity. Despite Jones’ recent struggles, he collected more guaranteed money than Mayfield or Darnold did in their rebound seasons.

The Colts turning to Jones would make them only the second franchise since 1970 to use eight Week 1 starting QBs in a nine-season span; Washington’s journey to Jayden Daniels represents the other. While the Commanders’ QB carousel has stopped, Richardson faces an uphill battle to stop the Colts’. Next to nothing has gone right since Indianapolis drafted Richardson, and the dual-threat (in theory) quarterback missed key offseason time due to another shoulder injury. Richardson is expected back by training camp, but missing minicamp gave Jones a “significant” lead in the QB competition.

As previously mentioned in this space, Richardson became just the eighth 21st-century QB to complete fewer than 50% of his passes in a season on 200-plus attempts. Also on that list: Tim Tebow, JaMarcus Russell and Bengals megabust Akili Smith. Five of the seven pre-Richardson QBs on that list lost their jobs the following year; Richardson pairing his alarming 47.7% completion rate with durability concerns and maturity issues works against him — even as Jones stands at a career crossroads.

The one-year Florida starter, who completed 53.8% of his passes for the 2022 Gators, has been unable to secure the reps necessary to develop properly. Richardson has missed 19 starts, and Steichen being concerned enough with his QB’s work habits — with the bizarre tap-out in Houston bringing that issue to light — to bench him for Joe Flacco last season gave the Colts reason to add competition. While Richardson is only 23 and tied to a fully guaranteed deal through 2026, time is running out.

Not doing much to replace Zack Moss behind Jonathan Taylor last year, the Colts added the Bengals’ Moss injury fill-in to man that spot. Herbert has flashed as a pro, averaging 5.7 yards per carry in 2022 — for a Bears offense that led the NFL in rushing — and 4.6 in 2023. The sixth-round speedster combined to amass 1,342 yards in that span, but the Bears signed D’Andre Swift to take over their backfield in 2024. Herbert ranked fourth in Next Gen Stats’ rush yards over expected metric in 2022; that form assuredly helped the Colts look past a down contract year (36 carries, 130 yards with the Bears and Bengals).

Re-signings:

Quietly, Alie-Cox has become one of the longest-tenured tight ends in Colts history. The college basketball convert can move into fifth place for games played among Colts tight ends, past Dallas Clark, by playing only eight games this season. Sitting on 108 for his career, Alie-Cox will match Clark, Jack Doyle and Hall of Famer John Mackey‘s nine-year Colt tenures in 2025. Only two tight ends (Marcus Pollard and Tecmo-era staple Pat Beach) have played 10 seasons with the team.

Alie-Cox, 31, has played between 38-55% of Indy’s offensive snaps over the past five seasons. Jelani Woods‘ injury struggles have kept him a key piece, though the enduring presence accepted a steep pay cut — after playing out a three-year, $17.55MM contract — weeks before the Colts’ Tyler Warren move.

Notable losses:

The last link to the Ryan Grigson rosters, Kelly expressed interest over multiple offseasons in staying with the Colts. The 2016 first-round pick played out a four-year, $49.65MM extension and joined Quenton Nelson and Braden Smith as staples that helped both Taylor to the rushing title and Andrew Luck post a Comeback Player of the Year campaign three years prior. While Kelly and the Colts talked, it became clear he would hit the market. Both he and Fries ended up in Minnesota, where Grigson is a front office staffer.

Fries commanded a big market despite going down in Week 5 of last season with a broken leg. Being 32, Kelly did not attract similar free agency interest, but he still will replace Garrett Bradbury as the Vikings’ starting center — on a two-year, $18MM deal. Fries was the only free agent to sign a five-year deal this offseason, scoring $87.72MM on a deal that secured $34MM guaranteed at signing. Minnesota’s O-line overhaul will deal a blow to the Colts.

Kelly missed seven games last season, undergoing knee surgery that keyed an IR placement. Prior to last season, though, the Alabama alum earned four Pro Bowl nods and a second-team All-Pro honor. ESPN’s pass block win rate metric still placed Kelly 10th among interior O-linemen last season, and PFF graded Kelly’s most recent full season (2023) well by placing him eighth among centers.

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2025 Offseason In Review Series

Here are PFR’s breakdowns of each NFL team’s 2025 offseason. The list will be updated between now and Week 1.

AFC East

  • Buffalo Bills
  • Miami Dolphins
  • New England Patriots
  • New York Jets

AFC North

  • Baltimore Ravens
  • Cincinnati Bengals
  • Cleveland Browns
  • Pittsburgh Steelers

AFC South

AFC West

NFC East

NFC North

  • Chicago Bears
  • Detroit Lions
  • Green Bay Packers
  • Minnesota Vikings

NFC South

NFC West

  • Arizona Cardinals
  • Los Angeles Rams
  • San Francisco 49ers
  • Seattle Seahawks