Neither Kenny Moore nor Anthony Richardson were present at the beginning of the Colts’ offseason program, according to FOX59’s Mike Chappell. Both players are on the trade block, but there has been little movement on a potential move out of Indianapolis.
“We’ll see how it works out,” general manager Chris Ballard said on Monday, adding that the two players’ situations were “different in my mind.”
Richardson was granted permission to seek a trade in February and remains somewhat of an unknown quantity entering his fourth NFL season. He is owed about $5.4MM in 2026, and a decision on his fifth-year option – projected by OverTheCap to be $22.5MM – must be made by May 1. Ballard said the Colts have not discussed Richardson’s option, but presumably, they do not plan to pick it up. And if another club comes calling, they may not be ready to commit that kind of future money to a player with just 15 career starts before he steps in their building.
That lack of playing time is partially due to injuries. Richardson missed most of his rookie season due to an AC shoulder sprain that required surgery, and he only appeared in two games last year due to a fractured orbital bone that severely impacted his vision. That remains “an important aspect” in trade talks, Ballard said (via The Athletic’s James Boyd), adding that Richardson is cleared for activity, but “still recovering a little bit.”
We’ve had some talks, but nothing’s come to fruition at this time,” Ballard continued. Several teams have been mentioned as potential fits for Richardson, and the Packers have expressed interest, per Chappell.
Moore, meanwhile, has been one of the league’s most consistent, reliable slot corners for the better part of the last decade. He informed the Colts that he was looking for a change of scenery, and the front office agreed to seek a trade. He is set to earn $10MM in 2026, a decent price for a starting-caliber nickel with nine years of experience, but other teams may try to wait the Colts out. Ballard indicated that Moore could be released outright if he does not generate any trade interested. Rather than pay Moore $10MM and give up draft capital, teams can wait for him to hit free agency and potentially sign him at a lower price.

Not sure I see the logic in just releasing Kenny Moore. No trade Kenny? Take your $10 mill and Suit up for 2026.