Colts Rumors

QB Matt Ryan Retires

April 22nd, 2024 at 1:10pm CST by Adam La Rose

2023 saw Matt Ryan transition to the broadcast booth, a move which appeared to bring an end to his playing days. The former MVP quarterback remained open to a return to the field last season, but that is no longer the case.

Ryan announced his official retirement on Monday (video link). To no surprise, he has done so as a member of the Falcons, the organization with which he spent the first 14 years of his career. The 38-year-old spent 2022 with the Colts, but his one-and-done tenure there paved the way for his broadcasting career to begin.

The Falcons drafted Ryan third overall in 2008, and he served as the team’s starting quarterback from that point through to his final campaign in Atlanta (2021). He collected four Pro Bowl nods during that span, highlighted by the 2016 season in which he was at the helm of the league’s highest-scoring offense. The Falcons rode their success on that side of the ball to a Super Bowl appearance.

Atlanta went on to suffer an historic collapse in that game, and the team has only made one playoff appearance since. As Ryan aged, he generally remained a consistent producer but the former Offensive Rookie of the Year was unable to guide the Falcons an another deep playoff run. After facing increasing questions about his future, Ryan was dealt to the Colts in 2022.

Indianapolis viewed the Ryan acquisition as a multi-year investment, but he struggled during his run as the team’s starter (14 touchdowns, 13 interceptions in 12 games). With Frank Reich out of the picture, interim head coach Jeff Saturday benched the Boston College product; that move, in turn, foreshadowed his release last March. Ryan then lined up a deal with CBS while leaving the door open to an NFL return under the right circumstances.

After the Jets lost Aaron Rodgers to an Achilles tear in Week 1, Ryan was named as one of the veteran passers who reached out to New York about a short-term arrangement. Ryan disputed that, though, and he remained away from the game (in a playing capacity) for the campaign. Now, he can keep his attention focused on his broadcasting work while reflecting on his decorated time in the league.

“So today, 16 days after being drafted, my childhood dream has officially come to an end. I’m honored to retire as a Falcon,” Ryan’s message reads in part. “Thank you to all the Falcons fans for your continued support… While we didn’t accomplish everything we had hoped, I am proud of what we did.”

Ryan will formally exit the game as the Falcons’ franchise record-holder in several categories. In terms of all-time ranks, he sits fifth in the NFL in completions (5.551), seventh in yards (62.792) and ninth in touchdowns (381). Today’s one-day Falcons pact represents the final – and, of course, least lucrative – one of his accomplished tenure. Ryan amassed over $306MM in career earnings after inking two separate Atlanta extensions with a nine-figure total value.

“You have no control in this profession in where you start,” Ryan added. “I am so lucky that my start and my finish was here in Atlanta.”

Colts C Ryan Kelly Seeking Extension

April 21st, 2024 at 9:39am CST by Rory Parks

In January, Colts center Ryan Kelly shot down speculation that he was contemplating retirement. More recently, we learned that the four-time Pro Bowler is not just looking to continue his playing career; per ESPN’s Stephen Holder, Kelly is actually hoping to sign an extension with Indianapolis.

Kelly, who will turn 31 next month, is under club control through 2024 thanks to the four-year, $50MM deal he signed in September 2020. After earning Pro Bowl acclaim that season and again in 2021, Kelly experienced a noticeable drop in play in 2022, which led to some trade rumblings last offseason.

The Colts ultimately elected to retain Kelly and were rewarded for that decision. The Alabama product was regarded by Pro Football Focus as the eighth-best center out of 36 qualifiers in 2023 and was charged with just six total pressures and one sack in 14 games, a performance that led to the fourth Pro Bowl bid of his career.

With promising second-year quarterback Anthony Richardson having missed most of his rookie campaign, and with running back Jonathan Taylor still a focal point of the Indianapolis offense, it would not be particularly surprising to see the Colts explore a way to keep Kelly in the fold beyond the upcoming season. However, talks in that regard have not yet begun, as Mike Chappell of Fox 59 passes along.

With fellow luminaries Jason Kelce and Ryan Jensen having retired, the $12.41MM average annual value on Kelly’s existing contract currently ranks fourth among the league’s active centers. Per Spotrac, Kelly could land a two-year deal worth just shy of $12MM per year if he were on the open market today, and if player and team should initiate contract negotiations in the near future, that would seem to be a fair benchmark.

At present, the Colts do not have an heir apparent to Kelly on their roster. With the 2024 draft just a few days away, that could change, and the addition of an interior offensive lineman would stand to impact Indianapolis’ plans for its ninth-year pivot.

The Colts, who currently own the No. 15 overall pick in the draft, are widely believed to be targeting a pass catcher in the first round. GM Chris Ballard, though, recently lauded the overall depth of the offensive talent in this year’s class, including the O-linemen.

“The O-line in this draft is really excellent, and there’s depth throughout,” Ballard said (via Joel A. Erickson of the Indianapolis Star). “I truly believe you’re going to get a really good player in those middle rounds, and even some later, because of the depth of the group.”

Latest On Teams Targeting WRs In First Round

April 20th, 2024 at 4:08pm CST by Ely Allen

We know that the Steelers have been identified as a team that could be likely to trade for a veteran wide receiver this offseason, but what about teams looking for wide receivers in the first round? A lot of focus has been placed on teams looking to draft quarterbacks, per usual, but Jason La Canfora of The Washington Post provided us with the names of a few teams targeting pass-catchers on Day 1 of the 2024 NFL Draft. La Canfora identifies the Cardinals, Bears, Colts, Bills, 49ers, and Chiefs as the likely suspects.

Some of these, we’ve heard plenty about already. At No. 4 overall, the Cardinals sit in the line of picks that are all expected to be quarterbacks, according to most mock drafts, meaning they are expected to trade down from the position. Many see them trading back to No. 6, allowing the Giants to select Daniel Jones‘ potential replacement. This would leave them in line to draft the class’s top receiver prospect, Ohio State’s Marvin Harrison Jr. This could provide Arizona with a new top receiver after the departure of Marquise Brown to Kansas City.

This would require the Chargers to pass on wide receiver, a huge position of need after watching both Keenan Allen and Mike Williams depart this offseason. While it wouldn’t be much of a surprise to see Los Angeles select Harrison, new general manager Joe Hortiz (from Baltimore) has shown an affinity for Notre Dame prospects like Ronnie Stanley and Kyle Hamilton. Combine that with the addition of new offensive coordinator Greg Roman, and connections to Notre Dame offensive tackle Joe Alt make all the sense in the world. Roman’s run-heavy offensive mentality makes tackle a bigger priority than receiver in the first round.

Wide receiver has been seen as less of a priority for the Bears after they acquired Allen in a trade from the Chargers. Still, drafting a top receiver prospect like LSU’s Malik Nabers or Washington’s Rome Odunze could give projected new quarterback Caleb Williams a strong trio of targets with Allen and D.J. Moore. Chicago could pair the draft’s QB1 with a potential WR1 as ESPN’s Matt Miller tells us that there are some teams in the NFL who see Nabers and Odunze as better prospects than Harrison. The three receivers are closer than people may think on most draft boards and their order of preference could come down to scheme and fit.

In Indianapolis, the Colts would love to bring in a first-round receiver for second-year quarterback Anthony Richardson. Josh Downs and Alec Pierce were decent options behind Michael Pittman Jr., but having a true weapon across the field could really help both Richardson and Pittman. If Harrison, Nabers, and Odunze find their way off the board by the time the Colts select at No. 15, LSU’s Brian Thomas Jr. could fall into their lap, though Odunze could still be available if nobody takes a flyer on him as the best player available regardless of position.

At the back end of the first round, wide receiver has become a big need for the Bills after they watched Gabriel Davis depart in free agency and traded away Stefon Diggs to the Texans. Khalil Shakir now leads the position room, and though the top four receivers aren’t expected to be available by the 28th pick, pairing Shakir with Texas’ Adonai Mitchell, FSU’s Keon Coleman, or Florida’s Ricky Pearsall could be productive.

As for the 49ers and Chiefs in the last two picks of the draft, San Francisco is a bit of surprise inclusion after recently paying Deebo Samuel and still currently denying that Brandon Aiyuk is available via trade. Still, if Aiyuk is potentially on the way out, taking flyer on Mitchell, Coleman, or Pearsall could work out.

As for Kansas City, they’ve tried their fair share of veteran free agent additions for Patrick Mahomes, and will do so again with the addition of Brown this offseason, as well as some draft picks in the second round or later. We’ve seen the Chiefs have success with smaller wide receivers with speed, so bringing in Georgia’s Ladd McConkey, Michigan’s Roman Wilson, or Texas’ Xavier Worthy could make a lot of sense.

Whoever doesn’t hear their name called on the first night of the draft shouldn’t have to wait too long. Dane Brugler of The Athletic’s latest mock draft showed the Panthers selecting McConkey with their first pick of the draft, which will be the first pick of the second round. If McConkey is already off the board, Wilson and Worthy offer similar skill sets.

It’s a deep class for wide receivers this year. Top prospects like Harrison, Nabers, Odunze, and Thomas are considered no-brainers as first-round picks. An early run on those four could see many of the pass-catchers behind them find their way into the first round, as well. Even so, there are nearly 20 wideouts with a projected third-round grade or better. Not only is this a wide receiver class with lots of talent up top, but talent throughout will benefit teams who need receivers but will have to target other positions of need first.

Colts TE Andrew Ogletree Removed From Commissioner’s Exempt List

April 19th, 2024 at 12:01pm CST by Adam La Rose

Last month, domestic violence charges against Andrew Ogletree were dropped. At that time, the Colts tight end remained under investigation by the NFL, but he has been cleared to return.

During a Friday press conference, general manager Chris Ballard said Ogletree has been removed from the commissioner’s exempt list. As a result, he is back on Indianapolis’ active roster ahead of his third season in the NFL. Ogletree was arrested in December on a pair of charges: domestic violence committed in the presence of a child less than 16 years old and domestic battery resulting in moderate bodily injury.

Both of those charges were dismissed with prejudice, though, which brought an end to the 25-year-old’s legal situation. The league’s investigation continued, but in that case as well no discipline has been found necessary. Ballard added that Ogletree is taking part in the Colts’ offseason program.

Indianapolis drafted the Youngstown State product in the sixth round of the 2022 draft. Ogletree’s rookie campaign ended before it began due to an ACL tear, however. His first regular NFL action came this past season, and he made a total of 12 appearances (nine starts). In that span, he recorded 147 yards and a pair of touchdowns on nine receptions.

Ogletree is joined on the Colts’ depth chart by the likes of veteran Mo Alie-Cox and 2022 third-rounder Jelani Woods. He will spend this offseason aiming to cement a roster spot with two years remaining on his rookie pact knowing the matter which halted his 2023 season has been resolved.

Colts Extend DT DeForest Buckner

April 17th, 2024 at 8:53am CST by Adam La Rose

APRIL 17: The Colts are guaranteeing nearly this entire pact, which reminds of the structure the Texans authorized for Danielle Hunter. Of Buckner’s $46MM, $43.25MM is guaranteed at signing. Both Buckner’s 2024 and ’25 base salaries ($2.25MM, $13MM) are fully guaranteed, per OverTheCap.

This profiles as a great deal for Buckner, with Pro Football Talk’s Mike Florio indicating $10MM of his $13MM 2026 base salary shifts from an injury guarantee to a full guarantee in 2025. This would bump the practical guarantee in this through-2026 deal to $53.25MM. Indy used two void years for bonus proration purposes. The extension dropped Buckner’s 2024 cap number to $8.35MM, saving more than $14MM. Even with the void years, Buckner’s cap number spikes to $26.6MM in 2025.

APRIL 15: DeForest Buckner has become the latest defensive tackle to benefit from the position’s surging market. The three-time Pro Bowler agreed to a two-year, $46MM extension on Monday, ESPN’s Adam Schefter reports. The deal is now official, per a team announcement.

The past two offseasons has seen a number of defensive tackle contributors land lucrative new deals, especially ascending players at the position securing second contracts. That does not apply in Buckner’s case, but the 30-year-old has been as advertised during his time in Indianapolis. In four years since Buckner was acquired via trade, he has racked up 32.5 sacks and (in the 2020 campaign) his lone career first-team All-Pro nod.

One year remained on the former 49er’s existing deal – a four-year, $84 pact signed upon arrival in Indianapolis – and he was set to carry a 2024 cap hit of $22.75MM. Schefter’s colleague Stephen Holder notes that figure could change with Buckner now on the books through 2026, but he adds the Colts rarely elect to backload extensions such as this one. In any case, he will carry a similar cost for the next two seasons ($23MM AAV) compared to his current pact.

Buckner has missed just one game during his Colts run, and he has remained a consistent producer during his time with the team. He has made between 58 and 81 tackles each season with Indianapolis, with the latter figure (posted in 2023) representing a career high. The former first-rounder has added between 21 and 26 QB hits each year in that span, and he will be expected to remain a top producer on the Colts’ defense for the intermediate future with this new deal now in hand.

Indianapolis has been busy this offseason with respect to retaining key players on both sides of the ball. That has included new deals for the likes of cornerback Kenny Moore and safety Julian Blackmon, along with an extension for linebacker Zaire Franklin. On offense, wideout Michael Pittman Jr. saw his time attached to a franchise tag come to an end once a three-year, $70MM deal was worked out.

Along the defensive line, the Colts have also elected to return much of the core which was in place last year. Grover Stewart and Tyquan Lewis each signed new deals in March, and the former is on the books for the next three years while the latter is in place for the next two. Stewart in particular has been a key figure in the Colts’ defensive interior, serving as a full-time starter for each of the past five years. His partnership alongside Buckner is now set to continue beyond 2024.

Buckner entered Monday ranked 11th in the league in terms of annual average compensation amongst defensive tackles. Seeing a slight bump in that regard will move him back into the top 10 with this pact, one which ensures he will remain a focal point of Indianapolis’ front seven for at least the next few years.

NFL Draft Rumors: Bowers, Giants, McKinstry

April 13th, 2024 at 4:17pm CST by Ely Allen

Two Georgia Bulldogs expected to be first-round picks later this month were unable to perform in their school’s pro day last month. Tight end Brock Bowers and offensive tackle Amarius Mims both hosted a private workout that saw a few teams in attendance, per Albert Breer of Sports Illustrated. Neither player really performed usual pro day activities, forgoing the 40-yard dash or any jumping or agility testing. Mims didn’t even weigh in. In reality, the day saw the two go through a few position drills with Bowers running routes and Mims attempting some line drills.

Both players had tightrope surgeries during the college season to repair high-ankle sprains. They should be able to heal in time for their rookie seasons, but the recovery has kept them from participating in pre-draft activities. It doesn’t appear that the work outs did much to affect either player’s draft stock.

Tight ends coaches for the Giants, Jets, and Broncos were reportedly on hand to watch Bowers, according to Breer and Tony Pauline of Sportskeeda.com. ESPN’s Matt Miller tells us that the Colts are reportedly very interested in Bowers, as well. One of his sources claims that Indianapolis would “run the card in” if Bowers is still available by the 15th pick of the draft.

Here are a few other rumors surrounding the 2024 NFL Draft:

One of the teams on hand to view Bowers, the Giants could be viewing the tight end as a backup plan. Many have pegged New York as a team that could potentially attempt to move up from their No. 6 overall pick to draft a quarterback in the top four picks. As we move closer to the decisive day, though, it’s looking less and less likely. According to Miller at ESPN, the Giants are expected to stay at sixth overall (a perfect place to find Bowers) and attempt to draft a passer with their No. 47 overall pick in the second round. At that point of the draft, they expect that options like Washington’s Michael Penix Jr. and Oregon’s Bo Nix may still be available. The team still claims to be committed to starting quarterback Daniel Jones, but the veteran’s inability to stay on the field has led New York to explore options to replace him, according to Ralph Vacchiano of FOX Sports.
Alabama cornerback Kool-Aid McKinstry, born Ga’Quincy, has had a busy spring full of pre-draft visits. Since earlier reported visits with the Jaguars, Buccaneers, Lions, and Packers, we’ve seen reported visits with four more teams. Terry McCormick of TitanInsider.com tells us that McKinstry visited the Titans on Tuesday, and Jordan Schultz of Bleacher Report informs us of visits with the Eagles, Giants, and Falcons, as well. McKinstry and his teammate, Terrion Arnold, have been extremely popular with the several teams who view cornerback as a position of need in 2024. McKinstry’s recovery from surgery on a foot fracture continues to heal nicely as he stays on track to return in time for his rookie season, according to Ian Rapoport of NFL Network.

WR Notes: Allen, Bolts, Colts, Bills, Browns, Falcons, Jets, Panthers, Saints, Bears

April 12th, 2024 at 12:36pm CST by Sam Robinson

Nearly dealt to the Texans, Keenan Allen will soon team with D.J. Moore on the Bears. Only Malcom Floyd enjoyed a longer WR tenure with the Chargers, who surprised Allen (per ESPN.com’s Kris Rhim) by requesting a pay cut after a 1,243-yard season (career-high 95.1 per game). The process that ended with Allen shipped to Chicago for a fourth-round pick stunned the 11-year veteran, whose camp presented the Bolts with a counteroffer that would have made the 31-year-old talent one of the NFL’s highest-paid wideouts. The team quickly rejected that proposal, Rhim adds.

Cutting Mike Williams to move under the cap, the Chargers had already restructured the deals of Joey Bosa and Khalil Mack. The team asking Allen for a pay cut despite moving well under the salary ceiling surprised the wideout’s camp, per Rhim, though the Bolts wanted more room to work in free agency. Because of a 2023 restructure, Allen was due to count more than $34MM on Los Angeles’ cap. The Bears, who paid Allen’s $5MM roster bonus shortly after acquiring him, have the six-time Pro Bowler on the books at $23.1MM. As of now, Allen is due for free agency in 2025.

Shifting to the draft, here is the latest wide receiver news:

The Bills and Colts are taking a close look at this draft’s fastest player. Xavier Worthy recently visited Buffalo and is now in Indianapolis for a meeting, Bleacher Report’s Jordan Schultz tweets. Blazing to a Combine-record 4.21-second 40-yard dash, Worthy is coming off a 75-catch, 1,014-yard season. The ex-Texas speedster added 12 touchdowns as a true freshman in 2021. Buffalo certainly needs receiving help, after losing Gabe Davis in free agency and trading Stefon Diggs to Houston, while Indianapolis has been Michael Pittman Jr.-dependent for a while. The Colts did see intriguing rookie-year work from Josh Downs (771 yards), but the 5-foot-8 wideout profiles as a slot player.
Georgia wideout Ladd McConkey has now met with the Browns and Falcons, according to NFL.com’s Ian Rapoport. McConkey has spoken with at least 14 teams, Rapoport adds. Several teams have placed a first-round grade on McConkey, who also fared well in his Combine 40 (4.39). The 5-foot-11 target took a backseat to Brock Bowers at Georgia, never eclipsing 800 yards in a season. While McConkey totaled 762 in 2022, that number came in 15 games. Debuting late because of a back injury last season, McConkey finished with just 30 catches for 478 yards. Viewed as a strong route runner with untapped potential, McConkey could be an outside or inside option for his NFL team.
The Jets, Panthers and Browns are among the teams to have hosted Oregon wideout Troy Franklin on a “30” visit, NFL.com’s Mike Garafolo tweets. Franklin had previously met with the Bills and Patriots. Franklin broke through for a 1,383-yard season alongside Bo Nix last year; the 6-3 target should be on the radar as a second-round pick in this deep WR class.
The Saints are the latest team connected to Western Kentucky target Malachi Corley, Rapoport adds. Corley will make a Saturday trip to New Orleans for a “30” visit. The Saints made an effort to trade up in last year’s first round but did not make a major investment at receiver in the draft. They have since signed Stanley Morgan and Equanimeous St. Brown, but considering the Michael Thomas release, it would not surprise to see New Orleans make a bigger move in the draft. Corley is expected to be a second-round pick.
Bears GM Ryan Poles has broken the front office and coaching staff into pods debating the merits of choosing a wide receiver, tackle or defensive end at No. 9, ESPN.com’s Courtney Cronin notes. This makes for an interesting behind-the-curtain look for a team that has done some work on wideouts pre-draft. Worthy, Marvin Harrison Jr., Malik Nabers and Rome Odunze appeared on Chicago’s docket of “30” visits. Odunze or Nabers being available at 9 would certainly be tempting for the Bears, though the Allen trade provides the team some flexibility following Darnell Mooney‘s free agency exit.

Colts To Host LSU WR Malik Nabers

April 9th, 2024 at 9:11pm CST by Ben Levine

Malik Nabers continues to be a popular name for receiver-needy teams, and the LSU star is adding another top-30 visit to his agenda. According to NFL Network’s Cameron Wolfe, Nabers is expected to fly to Indy tomorrow to meet with the Colts.

We previously heard that the receiver was set to meet with the Titans, Jets, and Bears, all squads that currently hold top-10 picks. The Colts are sitting with the No. 15 pick, meaning they’ll likely need a trade (and/or some luck) if they want to snag Nabers.

The Colts are hoping to surround second-year quarterback Anthony Richardson with as many weapons as possible. While the team was quick to re-sign top wideout Michael Pittman Jr., the front office has otherwise been quiet when it comes to skill players. At the moment, the team is set to return basically the same WR depth chart next season, a grouping that includes Pittman, Alec Pierce, Josh Downs, and D.J. Montgomery.

Nabers would surely provide the Colts with some offensive firepower. The six-foot-one receiver followed up a breakout 2022 campaign with an even better 2023 season. Nabers finished the year with 89 catches for 1,569 yards and 14 touchdowns, earning him a unanimous All-American nod.

Thanks to that performance, Nabers is now considered one of the draft’s top receiver prospects. While Marvin Harrison Jr. is widely considered the top player at the position, Wolfe notes that some teams actually have Naber as the top wideout in the class. The LSU product’s first-round draft stock is secure, and it seems like there’s an increasing chance that Nabers lands in the top-10.

Joe Flacco Was “Little Bit” Surprised He Didn’t Re-Sign With Browns

April 6th, 2024 at 10:47pm CST by Ben Levine

Before he landed with the Colts, Joe Flacco was expecting to re-sign with the Browns. After previously stating a desire to stick in Cleveland, the veteran QB told NFL.com’s Nick Shook that he was a “little bit” surprised that he didn’t end up re-signing with the organization.

In 2023, Flacco didn’t find a deal until November when he caught on with Cleveland’s practice squad. With Deshaun Watson out for the season and Dorian Thompson-Robinson sidelined with a concussion, the stopgap was inserted into the starting lineup late in the season.

Flacco unexpectedly guided the Browns to a 4-1 record in his five starts, earning Comeback Player of the Year after completing 60.3 percent of his passes for 1,616 yards, 13 touchdowns, and eight interceptions. He also started Cleveland’s lone playoff game, a blowout loss to the Texans.

Still, following an underwhelming 2022 stint with the Jets, Flacco’s 2023 campaign put him firmly back on the QB2 map. In addition to the Colts, Flacco also received interest from the Eagles.

“It was obviously a little bit different than last offseason, when I didn’t get any calls at all,” Flacco said of his 2024 free agent experience. “But even this offseason, I wasn’t really sure how it was going to go. It wasn’t like I played a ton of games last year or anything like that, but definitely grateful for Indy to reach out and have this as an opportunity.”

While Flacco’s re-emergence was a great story in Cleveland, Shook notes that the veteran didn’t fit the archetype that the organization was seeking behind Watson. The Browns ended up pivoting to a pair of new backups, adding both Jameis Winston and Tyler Huntley to the mix at quarterback.

While Flacco was brought in to Cleveland to plug a temporary hole in the starting lineup, he was signed by the Colts to serve as a mentor to Anthony Richardson. In the ideal scenario, the 39-year-old Flacco would barely see the field in 2024, but the former Super Bowl MVP is more than comfortable in that role.

“Listen, I’ve kind of been in this role for a handful of years now,” Flacco said. “Obviously, last year was a little bit different cause I wasn’t anywhere, I was able to come in and play pretty quickly. But yeah, it’s just about being in the room with him and a lot of conversations naturally come up when you spend so much time together in a row. It’s just kind of I think being able to bring the experience and being able to help him simplify things and go out there and play fast and use his skillset the way he wants to.”

Colts To Re-Sign S Julian Blackmon

April 2nd, 2024 at 8:55pm CST by Sam Robinson

8:55pm: Blackmon’s one-year deal is worth up to $7.7MM, according to NFL Network’s Ian Rapoport. The one-year pact features $3.2MM in guaranteed money.

4:00pm: Another Colts defensive starter is staying. An Indianapolis offseason filled with re-signings will now include a Julian Blackmon re-up. The four-year starter is coming back, per Bleacher Report’s Jordan Schultz.

Blackmon landed on the Bills and 49ers’ radars, but the Colts resumed negotiations with the talented safety recently. That will lead to Blackmon joining a host of Colts free agents who have agreed to stay put. Blackmon is sticking around on a one-year deal. One of the others to re-sign, Kenny Moore offered some news-breaking chops regarding the Blackmon development.

The Colts have now reached agreements to retain Moore, Blackmon, Grover Stewart, Tyquan Lewis and Zaire Franklin this offseason. These moves came after Indianapolis extended Michael Pittman Jr. after franchise-tagging its top wide receiver. The Blackmon news continues a massive retention effort for GM Chris Ballard, who has regularly signed homegrown players to second (and now third, in some cases) contracts.

The Bills and 49ers did make offers, Schultz adds, but this has not been the best market for non-Xavier McKinney safeties. The Packers’ $17MM-AAV McKinney pact became an earlier outlier, with no other safety signing for more than $7.5MM per year this offseason. This resembles what went down last year, with Jessie Bates signing the only big-ticket contract among free agents. Kamren Curl needed to accept a two-year, $9MM Rams deal. Blackmon, who joined Curl as part of PFR’s top 50 free agents list, will also attempt to reestablish his value on what will likely be a modest agreement.

In the days leading up to free agency, however, the safety market expanded thanks to the Broncos and Seahawks’ transactions. Justin Simmons, Jamal Adams and Quandre Diggs remain on the market. They join Eddie Jackson and Marcus Maye at a position that presented a running back-like landscape — though, with a higher top end — over the past two years.

The safety market crashing represents good news for the Colts, who will keep another of their Gus Bradley charges in the fold. Blackmon, 25, delivered his best season in 2023. The former second-round pick intercepted four passes, broke up eight more and recovered two fumbles in a solid contract year. He and Moore will continue to anchor Indy’s secondary, which still could use upgrades at outside cornerback.

Blackmon visited the Bills and 49ers last month, but the Utah alum will attempt to execute a quality “prove it” year in familiar surroundings. Playing in the slot, around the line of scrimmage and as a deep safety under Bradley, Blackmon made a career-high 88 tackles in 2023. Blackmon came back from a 2021 Achilles tear in 2022; he moved well past that injury last season. Pro Football Focus had never rated Blackmon as a top-50 safety prior to last season; the advanced metrics site slotted him 38th at the position in 2023.

It is certainly worth questioning if the Colts’ strategy to retain this many pieces from a defense that ranked 28th (24th in yards allowed) is wise, but the team has gone through with an all-out retention effort. Counting the Pittman contract, Indianapolis has shelled out more than $200MM in re-signings this offseason.

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