Colts LB E.J. Speed A Trade Candidate?

The Colts’ plans to have linebacker Shaquille Leonard anchor the middle of their defense for the long haul took a sour turn when Leonard proved unable to return to form following offseason back surgery in 2022. Indianapolis ultimately waived Leonard last November, and one of the reasons the team felt comfortable in making that move was the presence of fellow ‘backer E.J. Speed.

Speed, 29, was selected by the Colts in the fifth round of the 2019 draft, and he operated primarily as a special-teamer over the first three years of his career. As a result of Leonard’s health issues, Speed began to see more defensive snaps in 2022, and his performance that season was enough to earn him a two-year, $8MM contract to stay in Indy.

In 2023, Speed started a career-high 11 games and appeared in two-thirds of the Colts’ defensive snaps. HIs 65.0 overall grade from Pro Football Focus was solid, if unspectacular, though he scored very highly in terms of run defense and posted 102 total tackles. Through the first three games of 2024, he has become a true every-down linebacker, enjoying a 99% snap share and recording 34 total stops.

PFF is still not enamored with his work, as the site presently considers him the 46th-best LB out of 75 qualifiers in 2024. The usual small sample size caveats apply here, but the Colts’ defense as a whole has underperformed, ranking 31st in terms of total defense (though they have yielded fewer points than the raw yardage would suggest and are currently 14th in points allowed per game). 

Between the early struggles of second-year quarterback Anthony Richardson and the porousness of the defense, Indianapolis has gotten off to a 1-2 start. And, as Speed is a veteran on an expiring contract, ESPN’s Dan Graziano believes the Tarleton State product is a “name to watch” at the trade deadline if the Colts fall out of contention (subscription required).

Any number of teams would be happy to plug a tackle machine into the second level of their defense at the deadline, even if Speed is far from the complete defender that Leonard was in his prime. Graziano specifically names the Bills, Patriots, and Raiders as possible landing spots, although New England and Las Vegas appear as if they might be deadline sellers as opposed to buyers as of the time of this writing.

As Mike Chappell of Fox 59 observes, Speed has posted at least 10 tackles in seven straight games, dating back to last year. That is the longest such streak for a Colts player since at least 1987, and the second-longest streak for any NFL player since that same year.

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