Indianapolis Colts News & Rumors

Brady Fallout: Bucs, Belichick, Colts, Hoyer

The Buccaneers‘ signing of the most accomplished free agent in NFL history triggered a ripple effect in several cities. That started in Charlotte. Although neither Bruce Arians nor Jason Licht spoke to Tom Brady until Wednesday of last week, the Bucs believed they had a “shell of a deal” with Brady by Tuesday, Peter King of NBC Sports reports. This was hours before the future Hall of Fame quarterback announced he would no longer return to the Patriots. The Bucs’ discussions with Brady’s agent, Don Yee, Tuesday prompted them to bow out of the Teddy Bridgewater pursuit, King adds. Bridgewater’s Panthers offer prompted the Bucs to give him an answer, and they chose to stay in the Brady pursuit without a full commitment. The Bucs had been linked to Bridgewater for weeks.

At February’s end, the Bucs’ quarterback hierarchy went Brady-Bridgewater-Jameis Winston, King notes. Tampa Bay had also been linked to Philip Rivers in February, but it became clear the Colts were his top option.

Here is the latest fallout from the Bucs’ Brady signing:

  • Brady’s camp expressed interest in the Colts, but King notes the interest was not mutual. The prospect of a Rivers-Colts partnership surfaced shortly after the Chargers revealed they would not re-sign him, and while the notion of Rivers-over-Brady sounds interesting based on the veterans’ accolades, Stephen Holder of The Athletic tweets the Colts’ preference of going with a one-year quarterback arrangement probably did not align with Brady’s hopes of a multiyear commitment. Rivers signed a one-year, $25MM deal; Brady became a Buccaneer for two years and $50MM fully guaranteed. Brady also expressed interest in the 49ers, and the Titans were a long-rumored suitor. These franchises joined the Colts and Raiders in leaving the Brady race early.
  • Early this offseason, Brady’s camp put out feelers to other teams, and ESPN.com’s Seth Wickersham notes many executives around the league viewed the quarterback as being driven by ill will toward Bill Belichick that they could not tell if he wanted out of New England or merely wanted Robert Kraft to step in and broker a new Pats deal. Belichick refused to give Brady the extension he sought last summer, and Wickersham adds that a Brady-Belichick conversation in late 2017 about the quarterback’s future with the Patriots ended with a “blowup.” This meeting appears to have happened just before Wickersham’s “tension in New England”-centered report that indicated Kraft’s intervention helped drive the Jimmy Garoppolo-to-San Francisco deal. The Patriots gave Brady an incentive package in 2018, leading to his extension-in-name-only 2019 contract.
  • As for the Patriots‘ plans, they may actually be planning a Brian HoyerJarrett Stidham quarterback battle. Hoyer could have earned more money elsewhere but wanted to return to New England because he was told he will have a chance to vie for the starting job, Ian Rapoport of NFL.com adds (video link). The Patriots, as of now, do not have Andy Dalton on their radar and are viewed as being high on Stidham, who has attempted four NFL passes.

Colts Plan To Keep Jacoby Brissett

Despite Philip Rivers, Jacoby Brissett and Andrew Luck (dead money) accounting for more than $53MM on the Colts’ 2020 payroll, the team plans to keep its recently demoted quarterback.

Brissett remains in the Colts’ plans for 2020, according to Jeremy Fowler of ESPN.com (on Twitter). The Colts released Brian Hoyer minutes ago and now have Rivers at a $25MM price. Brissett is due a $7MM guarantee Sunday, but Fowler notes the team plans to retain the fifth-year passer to play behind Rivers.

After Luck’s retirement, the Colts gave Brissett a two-year, $30MM deal. He is set to count $21.4MM against Indianapolis’ cap next season. The Colts saw Brissett improve mightily from his 2017 performance, but after Jim Irsay said all options were on the table this offseason, the team signed Rivers. Brissett will return to the QB2 role he played in 2018. Rivers has never missed a start since taking the Chargers’ reins at the 2006 season’s outset.

The Colts rejected multiple trade offers for Brissett in 2018, and Irsay said that year he would be unlikely to trade the former Patriots draftee for a first-round pick. Chris Ballard and Frank Reich came out in support of Brissett after Luck’s healthy 2018 season, and the Colts have one of the league’s best backup quarterbacks in the fold — albeit at a higher-than-usual rate.

With the Colts still in need of a long-term answer, it is unclear how they will proceed with Brissett beyond 2020. But for now, it looks like he will be a high-priced backup and play a fourth year in Indianapolis.

Colts Release QB Brian Hoyer

Brian Hoyer‘s stay with the Colts will stop at one year. After the Colts signed the veteran quarterback to a three-year, $12MM deal late last summer, they are cutting him, Ian Rapoport of NFL.com tweets. The Colts announced the move.

The Colts guaranteed Hoyer $9MM, so they will incur some dead money by moving on after one season. But their quarterback plans have changed significantly since then, with Philip Rivers bound for Indianapolis. The Colts will take a $2MM dead-money hit by cutting Hoyer.

Hoyer has played on seven NFL teams and figures to be a candidate to either rejoin one of his previous six or sign with an eighth franchise soon. The 34-year-old passer generated interest after the Patriots cut him last August, and given the Pats’ rather notable change at quarterback this week, it is worth wondering if they would be interested in another reunion. Tom Brady‘s respect for his former two-stint backup points to the Buccaneers as another possibility, per Field Yates of ESPN.com (on Twitter).

Jacoby Brissett‘s knee injury resulted in Hoyer starting a game last season. For the year, he threw four touchdown passes and four interceptions, completing 54% of his passes. Hoyer has now played for the Patriots, Cardinals, Browns, Texans, Bears, 49ers and Colts. Should the former UDFA suit up for the 2020 season, it will be his 12th.

Together, Rivers and Brissett are set to count more than $46MM toward the Colts’ 2020 cap. When factoring in Andrew Luck‘s dead money, the nearly $53MM figure at this position comprises more than a fourth of the Colts’ 2020 payroll. That wildly high-priced positional commitment will not allow for an expensive backup. The Colts created $3MM in cap space by releasing Hoyer.

Colts Release CB Pierre Desir

The Colts have let go of one of their starting cornerbacks. The team is releasing Pierre Desir, reports NFL.com’s Ian Rapoport (via Twitter).

The defensive back was set to make $7MM in 2020, but the Colts released him with zero dead money (per Rapoport).

The 2014 fourth-rounder bounced around the NFL a bit during his first few years in the NFL. He eventually found a home in Indy, where he’s spent the past three seasons. After establishing a number of career-highs in 2018 (including 12 starts), the Colt signed Desir to a three-year, $22.5MM extension ($12MM guaranteed) last year.

The 29-year-old proceeded to appear in 12 games (11 starts) during the 2019 campaign. He finished the season with 50 tackles, 11 passes defended, and a career-high three interceptions.

Minor NFL Transactions: 3/20/20

Today’s running list of minor moves:

Atlanta Falcons

  • Released: P Ryan Allen (this is only a procedural move and Allen is expected to be re-signed shortly, Tom Pelissero of NFL Network tweets.)

Carolina Panthers

Chicago Bears

Dallas Cowboys

Detroit Lions

Houston Texans

Indianapolis Colts

Jacksonville Jaguars

New Orleans Saints

New York Jets

Pittsburgh Steelers

Chicago Bears

Houston Texans

New York Jets

Pittsburgh Steelers

Colts Discussed Nick Foles Trade

The Colts have another high-profile quarterback on their payroll, with the long-rumored Philip Rivers partnership coming to fruition on Tuesday. But the team had an alternative plan, it appears.

Before the Jaguars traded Nick Foles to the Bears for a fourth-round compensatory pick, they were discussing a deal with the Colts involving a fifth-round choice, Mike Garafolo of NFL.com (on Twitter) hears. This would have been a rare intra-division deal, but the Jags instead shipped their high-priced passer to the NFC.

Foles worked with Frank Reich in Philadelphia, with the current Indianapolis HC residing as the Eagles’ OC during the team’s 2017 Super Bowl season. Reich played a key role in helping shape Foles’ dominant playoff run.

The Colts now have both Rivers and Jacoby Brissett on their roster, signing the former to a $25MM deal and having the latter attached to a $21.4MM 2020 cap number. That does not appear to be a tenable arrangement, but the Colts clearly came into the offseason with big plans to upgrade at football’s premier position. Foles will now receive a new start in Chicago.

Colts, Packers, Redskins Interested In Delanie Walker

The Titans’ starting tight end for seven seasons, Delanie Walker now resides in free agency. Two injury-plagued seasons led to his release. But a market has formed for the veteran target.

The Colts, Packers and Redskins have expressed interest in Walker, John Keim of ESPN.com tweets. Walker will turn 36 just before Week 1.

While Walker posted four straight 800-yard seasons from 2014-17, the 14-year veteran has played in just eight games since. The ankle injury he suffered in September 2018 held him back last season as well. This will certainly affect his market, but teams are nonetheless interested.

The NFL’s current landscape stacks the odds against free agents with injury concerns, however. Players are not allowed to visit teams’ facilities, due to the COVID-19 pandemic, and may not be permitted to do so for the foreseeable future. This could leave Walker in limbo for the time being.

Washington features a major need at the position, having seen Vernon Davis retire and having cut Jordan Reed. Green Bay pursued Austin Hooper, but Cleveland won that derby early in the tampering period. Indianapolis opted against re-signing Eric Ebron but still has Jack Doyle under contract. Ebron remains unsigned and would stand to land a deal before Walker.

Colts To Sign Philip Rivers

Philip Rivers has agreed to a deal with the Colts on a deal that will pay him roughly $25MM per year, according to Judy Battista and Ian Rapoport of NFL.com (on Twitter). It’ll be a one-year pact for the Colts and the longtime Bolts star, Adam Schefter of ESPN.com (on Twitter) adds. 

[RELATED: Colts Trade For 49ers’ Buckner]

In February, the Chargers announced that they would not bring Rivers back for another season. Things had been trending in that direction for a while, despite all of the veteran’s accomplishments in San Diego and Los Angeles. He left the Chargers after setting more than 30 franchise records, making 224 consecutive starts, and earning eight Pro Bowl nominations.

Rivers, 38, isn’t coming off of his finest season, but the Colts believe that he’ll be a substantial upgrade over Jacoby Brissett. In 2019, Rivers was picked off 20 times against just 23 touchdowns. Historically, he’s been much much better in the TD/INT department. In 2018, for example, he threw for 32 TDs with 12 picks.

Even as he moves to a new part of the country, Rivers will be greeted by familiar faces. He has close ties to both Colts head coach Frank Reich and offensive coordinator Nick Sirianni, both of whom are former Chargers assistants.

At $25MM per season, Rivers currently falls right around the middle of the pack in starting QB salary. He’ll likely tumble in the rankings by the end of the week, but he’s also earned lots of money over the course of his career. Besides, Rivers isn’t planning on playing until his late 40s like Tom Brady – this offseason, he indicated that he’d like to play for a couple more years. It’s possible he stays on the field for longer, but he did not go into free agency looking for a long committment.

Along the way, teams like the Buccaneers and Redskins have also been linked to Rivers, but the loudest rumblings have been coming from Indianapolis. Now, they’ve got him as their new quarterback with hopes of restoring the offense to its former glory.

RFA/ERFA Tender Decisions: 3/16/20

Monday’s restricted free agent and exclusive rights free agent tender decisions will be posted below. Deals will be updated throughout the day.

RFAs

Tendered at original-round level:

Non-tendered:

ERFAs

Tendered:

Non-tendered:

  • Chiefs: TE David Wells

Contract Details: Castonzo, Kirksey, Cousins, Jarwin