Indianapolis Colts News & Rumors

Minor NFL Transactions: 3/12/25

Here are the minor moves from the first day of the 2025 league year:

Atlanta Falcons

Baltimore Ravens

Carolina Panthers

Cincinnati Bengals

Dallas Cowboys

Detroit Lions

Houston Texans

Indianapolis Colts

Minnesota Vikings

New England Patriots

New York Giants

New York Jets

Philadelphia Eagles

San Francisco 49ers

Tampa Bay Buccaneers

Tennessee Titans

Washington Commanders

Yes, a few of these players have graduated from our minor-moves sector, but today’s signing blitz being what it was, they land here. Ford highlights the batch contractually, agreeing (per ESPN.com’s Adam Schefter) to a two-year, $4MM deal. Ford played on more than 70% of Cleveland’s special teams snaps over the past two seasons.

Trask will reprise his role as Baker Mayfield‘s backup, with NFL.com’s Ian Rapoport indicating the former second-round pick is staying on a one-year, $2.79MM contract. Trask and Mayfield competed for the job in 2023, but as was the case with the Drew LockGeno Smith battle a year prior, the winner never looked back. Trask will be in place for a fifth Bucs season, having moved from third-stringer during the Tom Brady era to QB2 in the Mayfield years.

Hawkins will stay with the Patriots on a two-year deal worth up to $2.2MM, according to the Boston Herald’s Doug Kyed. A 2022 full-time Falcons starter, Hawkins saw Jessie Bates replace him in 2023. The Falcons later waived Hawkins, who ended up on the Chargers in 2023. The Pats used him as a seven-game starter in 2024, when he made 48 tackles (three for loss).

Colts To Sign RB Khalil Herbert

The Colts are signing veteran running back Khalil Herbert to a one-year deal, per Tom Pelissero and Ian Rapoport of NFL Network. After backing up Chase Brown down the stretch last year, Herbert will move to a Jonathan Taylor RB2 role.

Having flashed at points in Chicago, Herbert will bring more to the table than the Colts’ array of 2024 backups did. Indianapolis did not opt to do much to replace Zack Moss, whom Cincinnati eventually acquired Herbert to fill in for last season. Herbert could provide more cover for Taylor, who has battled injuries after a healthy start to his career.

Working in what amounted to a role as Justin Fields‘ ground-game sidekick, Herbert impressed in 2022 by gaining 731 rushing yards — at a slick 5.7 per carry — and helping the Bears lead the NFL in that category. The former sixth-round pick managed to get there despite starting only one game. Next Gen Stats’ rush yards over expected metric placed Herbert fourth that season, but he gradually fell out of favor with the Bears as his rookie contract progressed.

Herbert, who had played behind David Montgomery that year, made nine starts in 2023. He saw his YPC number drop to a still-respectable 4.6, but the team signed D’Andre Swift last year, giving the former Lions and Eagles starter $14MM fully guaranteed. Herbert entered the Bears’ 2024 training camp on the roster bubble and was ultimately shipped out for a sixth-round pick weeks after the Bengals lost Moss for the season.

After Moss fared well as a Taylor 2023 fill-in — during his contract impasse and later amid the starter’s injury absence — the Colts saw backup Trey Sermon average just 2.8 yards per tote. Sermon is unsigned for 2025, but Tyler Goodson, who performed a bit better as a third-stringer, remains under contract. Herbert will be positioned to spell Taylor, and he should be fairly fresh. The ex-Bears and Bengals contributor has accumulated just 400 career carries.

Contract Details: Horn, Pats, Pack, Vikings

It’s that time of year. It is time to begin sorting through the contracts agreed to early in free agency. We will start with some of the biggest deals to emerge this week.

  • Jaycee Horn, CB (Panthers). Four years, $100MM. Horn’s Carolina extension covers $72MM in total guarantees (second among CBs) and $46.7MM at signing (first). Horn’s 2025 and ’26 base salaries are fully guaranteed; his $15.74MM 2027 base salary will shift from an injury guarantee to a full guarantee on Day 3 of the 2026 league year, KPRC2’s Aaron Wilson tweets. Additionally, $7.1MM of Horn’s $21.7MM 2028 base is already guaranteed for injury, per Wilson. That amount will shift to a full guarantee on Day 3 of the 2028 league year.
  • Milton Williams, DT (Patriots): Four years, $104MM. Williams will see $63MM in total guarantees and $51MM at signing, per OverTheCap. Williams’ 2027 base salary ($27MM) is guaranteed for injury; it will shift to a full guarantee if he remains on New England’s roster on Day 3 of the 2027 league year, Wilson tweets.
  • Aaron Banks, G (Packers). Four years, $77MM. Only a $27MM signing bonus is guaranteed, via OverTheCap, as the Packers do not usually include guaranteed salary beyond Year 1. Banks is due a $9.5MM roster bonus on Day 3 of the 2026 league year, Wilson notes. The same structure is in place for 2027, with another $9.5MM bonus due. These represent future guarantee dates on this year-$20MM-AAV accord, though the Pack — as they do with Josh Jacobs — will have a natural out after Year 2 of the deal.
  • Byron Murphy, CB (Vikings): Three years, $54MM. This is significantly lower than initially reported (via NFL.com’s Mike Garafolo), as Murphy can only reach the $22MM-AAV number through incentives. Murphy’s first two base salaries are fully guaranteed, per Wilson. Rather than being the NFL’s fourth-highest-paid CB, Murphy is tied for 13th after the true AAV emerged.
  • Charvarius Ward, CB (Colts): Three years, $54MM. This one had the correct value from the start, as Murphy’s subsequent Vikings deal matched these terms. Ward will see $27MM at signing. To reach the $34.98MM total guarantee, he must remain on Indianapolis’ roster past Day 5 of the 2026 league year. As $5MM of Ward’s $12.98MM 2026 base salary is guaranteed at signing, the rest locks in on that March 2026 date, Wilson tweets.
  • Jonathan Allen, DL (Vikings): Three years, $51MM. This also checks in lower (via Garafolo) than initially reported, which is not uncommon. Half of Allen’s $16MM 2026 base salary is guaranteed at signing, with the other half (via Wilson) locking in if the D-lineman is on Minnesota’s roster come Day 3 of the 2026 league year.
  • Jamien Sherwood, LB (Jets). Three years, $45MM. The Jets are guaranteeing $30MM, as ESPN.com’s Rich Cimini notes this is the second-biggest LB guarantee the team has authorized (after C.J. Mosley‘s then-record FA deal in 2019). The Jets included a $7.5MM option bonus due at any point before Week 1 of the 2026 season, Wilson notes. This, along with three void years, will reduce Sherwood’s cap hits; he will not carry a figure north of $11.5MM until 2027.
  • Drew Dalman, C (Bears): Three years, $42MM. $26.5MM of Dalman’s $28MM guarantee comes at signing, giving the ex-Falcons center the second-biggest center guarantee (passing Lloyd Cushenberry‘s 2024 Titans FA deal). $9.5MM of Dalman’s $11MM 2026 base salary is fully guaranteed at signing, per Wilson. The other $1.5MM vests if/once he is on Chicago’s roster on Day 3 of the ’26 league year. Dalman’s 2027 salary is nonguaranteed.

Colts, Daniel Jones Agree To Deal

Daniel Jones was known to be facing a Vikings-or-Colts decision and he has made his choice. The former Giants starter is heading to Indianapolis on a one-year deal, as first reported by Ian Rapoport and Tom Pelissero of NFL Network.

Earlier today, ESPN’s Stephen Holder confirmed Jones was down to either remaining in Minnesota or heading to Indianapolis. Both teams were waiting to see which direction he went, with the call deciding how each would operate under center for the rest of the offseason. After taking Monday to weigh his options, Jones has made a commitment.

This pact will be worth $14MM, ESPN’s Adam Schefter adds. That figure represents the base value of the contract, as Pelissero notes Jones can earn up to $17.7MM. The Colts have their veteran Anthony Richardson competition in place for 2025. $13.15MM is fully guaranteed, per Sports Illustrated’s Albert Breer, with Pelissero adding that number is comprised of a $6.5MM signing bonus and $7MM in guaranteed salary. The maximum value of the deal can be unlocked via $850K in active roster bonuses ($50K per game) and playing time/wins/playoffs incentives.

The Vikings made a push to retain Jones, Rapoport reports. To little surprise, though, the chance to earn a starting gig represented a key factor for the former No. 6 pick. Richardson has not developed as planned early in his career, and Colts GM Chris Ballard made it clear his inconsistent play and injury troubles would lead to a veteran addition capable of handling QB1 duties. At a minimum, Jones will able to provide the team with an experienced backup, though Pelissero confirms an open competition is on tap. Indeed, Jones confirmed he was told he would have an opportunity to compete with Richardson (via James Boyd of The Athletic (subscription required)).

The 27-year-old raised eyebrows when he received a four-year, $160MM Giants deal in 2023. That pact – authorized by a Joe Schoen-Brian Daboll regime which did not draft him – did not pan out as planned, and midway through the past campaign his benching was followed up by his release. Minnesota added him on the practice squad with the potential to remain in place for 2025.

That especially remained true in the wake of Sam Darnold turning his Pro Bowl Vikings season into a lucrative Seahawks agreement. With Jones now out of the fold, though, Minnesota is set to rely on 2024 first-rounder J.J. McCarthy as their starter moving forward. The 22-year-old missed his entire rookie campaign due to a meniscus tear, but he will be healthy in time for the 2025 season. A modest free agent signing can be expected to operate as his backup.

Richardson earned the starting gig right away as a rookie, but he was limited to only four games that year due to a shoulder injury. The 2023 No. 4 pick managed 11 appearances this past season, but he was temporarily benched in favor of Joe Flacco as the Colts offense underperformed. Richardson, 22, posted a completion percentage of just 47.7% and a negative touchdown-to-interception ratio last season. A notable step forward will be required in 2025, and the first step in his efforts in that regard will involve winning an offseason competition with Jones.

Minor NFL Transactions: 3/11/24

Here are today’s minor moves from around the NFL:

Buffalo Bills

Chicago Bears

Dallas Cowboys

Detroit Lions

Houston Texans

Indianapolis Colts

Kansas City Chiefs

Los Angeles Rams

Miami Dolphins

New Orleans Saints

Tennessee Titans

Washington Commanders

Anger is a 13-year veteran who has spent the last four years in Dallas, which included Pro Bowl and second-team All-Pro honors in 2021 and 2023. He will stay with the Cowboys on a two-year deal, per ESPN’s Todd Archer.

Tonyan had a few strong seasons in Green Bay earlier in his career, but he has struggled to produce over the last two years. He spent 2024 in Minnesota, but only played 15 snaps on offense with zero targets. He will add tight end depth in Kansas City.

Stoops received a two-game suspension for violating the NFL’s Performance-Enhancing Substances Policy, per NFL Network’s Tom Pelissero. He will be eligible to participate in training camp and preseason games, but will be sidelined for the first two games of the regular season.

McNichols is staying in Washington on a one-year deal, according to Pelissero. The seven-year veteran appeared in 17 games for the Commanders in 2024 and rushed for 261 yards and four touchdowns on 55 attempts. McNichols will likely continue as Washington’s RB3 behind Brian Robinson and Austin Ekeler.

Vikings, G Will Fries Agree To Deal

The Vikings added one former Colt along the offensive line in the form of center Ryan Kelly yesterday, and another is also headed to Minnesota. Guard Will Fries has a deal in place, ESPN’s Jeremy Fowler reports.

This will be a whopping five-year, $88MM pact, Fowler adds. KTSP’s Darren Wolfson’s reported yesterday that the sides were discussing a deal, so it comes as little surprise one has now been worked out. Fries will face massive expectations upon arrival given the nature of this commitment.

Fries does not have a connection to Ryan Grigson like Kelly does, as Fries is a first-time free agent who had joined the Colts in the 2021 draft. Despite not joining a team on Day 1 of the legal tampering period, Fries will cash in. While this is on the longer end of the term-length spectrum — especially as the cap has climbed like his has this decade — Fries is receiving a big number to join the Vikings. Guarantees will provide more illumination, but it is clear Minnesota eyed Fries from the start.

The Vikings have been busy Tuesday, agreeing to deals with two high-profile street free agents (Jonathan Allen, Javon Hargrave) to beef up their defensive line alongside Harrison Phillips while adding Fries as their other new piece with Kelly. The two Colts defections come as Indianapolis added long-rumored Minnesota Sam Darnold fallback option Daniel Jones. As Jones prepares to take a run at another starting job, two Colts blockers will prepare to help J.J. McCarthy transition after missing his rookie season.

A Colts starter for roughly two seasons, Fries is coming off a season-ending injury. He sustained a broken leg early last year; that halted considerable momentum. The fifth-year veteran is not yet 100%, per ESPN.com’s Stephen Holder, but all indications point to him having no issues being ready for next season on time. This contract certainly displays Vikings confidence on this front. The Vikings needed to go big for Fries, whom the Colts tried to re-sign. Pushes from the Patriots, Giants, Seahawks and Cardinals drove the market to this place, SI.com’s Albert Breer notes, as Fries did very well for himself despite the early-season injury.

Fries, who emerged out of the 2021 seventh round, graded as the league’s second-best guard (per Pro Football Focus) and had won his run- and pass-blocking matchups at a career-best rate (per ESPN) before the Week 5 setback. This came after a 17-start 2023, as Fries had taken over for less effective starter Danny Pinter during the 2022 season.

Not on the younger end among this year’s free agent class, Fries (27 in April) will be asked to start at one of the Vikings’ guard spots. Former second-round pick Ed Ingram‘s Vikings future is in doubt, after a 2024 benching, and Dalton Risner — who has not seen free agent markets come close to Fries’ new level — is again out of contract.

Adam La Rose contributed to this report.

Minor NFL Transactions: 3/10/25

Here are today’s minor NFL moves that may have been missed during an otherwise extremely busy first day of the tampering period:

Arizona Cardinals

Chicago Bears

Denver Broncos

Detroit Lions

Indianapolis Colts

Jacksonville Jaguars

Kansas City Chiefs

Las Vegas Raiders

Miami Dolphins

Minnesota Vikings

New England Patriots

New Orleans Saints

New York Giants

San Francisco 49ers

Tennessee Titans

Washington Commanders

Colts, CB Charvarius Ward Agree To Deal

Chris Ballard‘s January comments about an organizational shift have led to big-ticket investments in outside free agents. While that has not been a Colts staple under the current GM, it has shaped the team’s start of free agency.

After the Colts added Camryn Bynum, ESPN’s Adam Schefter reports they have a deal in place with Charvarius Ward. The former Chiefs and 49ers starter is heading to Indianapolis on a three-year deal worth up to $60MM. The seven-year vet will receive $35MM guaranteed, with $20MM of that including a $20MM signing bonus.

The 49ers’ Deommodore Lenoir payday pointed Ward out of town, and he indeed is done in San Francisco after three seasons. Ward, 28, helped the 49ers to Super Bowl LVIII — a second-team All-Pro season for the talented boundary cornerback — and he was a key part of their top-tier defensive effort in 2022 as well. Last season did not go as well for Ward (or most other 49ers), but he still commanded considerable market interest today.

Intercepting five passes in 2023, Ward broke up an NFL-most 23 that season. Playing for two of this era’s most reliable teams, Ward has played in 17 playoff games. That includes three Super Bowls and six conference championship games. Last season’s 49ers step off the Super Bowl radar brought some potentially concerning Ward developments — during a season in which he also missed five games.

After allowing 56.8% and 54.1% completion rates as the closest defender in 2022 and ’23, Ward yielded 61.5% accuracy last season. This corresponded with a rise in passer rating allowed (116.6 – up from 2023’s 64.5 number). PFF 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. New Colts DC Lou Anarumo faced Ward on a few occasions during the latter’s Kansas City stay, and he certainly appears to believe more quality play will be in store on the former UDFA’s third contract.

Monday will bring a high-end talent to a secondary in need, as Ward joins slot staple Kenny Moore at corner while Bynum will accompany breakout performer Nick Cross at safety. After the Colts dropped to 26th in pass defense last season, Ballard is backing up his talk on adding reinforcements to a largely homegrown roster.

Colts, S Camryn Bynum Agree To Deal

The Colts’ first agreement of the day is a lucrative one. Safety Camryn Bynum is set to join the Colts on a four-year, $60MM contract, NFL Network’s Tom Pelissero reports.

Bynum’s work in Brian Flores‘ defense will secure him a upper-crust safety payday. More notably, this is a big-ticket outside free agency addition from the Colts, who have been hesitant to explore these avenues — for the most part — under GM Chris Ballard. The veteran front office boss pointed to a philosophical shift this offseason, however, and Bynum will be a big part of that.

A homegrown secondary has not produced positive results for the Colts, who struggled against the pass for much of Gus Bradley‘s three-year tenure. Lou Anarumo is now in place as Indianapolis’ DC. Anarumo’s Bengals defense missed Jessie Bates over the past two seasons; the veteran defensive play-caller will now have another young safety talent in his secondary.

This brings a potentially significant loss for the Vikings, who have Harrison Smith going into what would be an age-36 season. The Minnesota staple is contemplating retirement. The Vikes also have Byron Murphy and Stephon Gilmore in free agency, creating big-picture questions in their secondary. Rumblings about a Vikings-Bynum re-signing did not produce a deal, however, and the Colts will bet on the former fourth-round pick.

Bynum, who is going into an age-27 season, had been a quality role player on a Vikings defense that made major strides during Flores’ two seasons. Pro Football Focus viewed Bynum as taking a step back in his contract year, ranking him outside the top 60 after a 21st-place assessment in 2023. Though, Bynum has been durable (51 starts since 2022) and intercepted eight passes on his rookie deal. Bynum also forced three fumbles in 2023. The Cal product also made a substantial impact as a tackler, registering 137 in 2023 and 96 last season.

The Colts have Julian Blackmon again in free agency, and after a breakthrough Nick Cross season, the former third-round pick is in a contract year. Bynum’s deal may well impact Cross’ future, but as of now, the Colts do not have too much money allocated elsewhere in their secondary.

Vikings Considering Re-Signing Daniel Jones; Colts In Play For QB?

MARCH 9: As Darnold nears a trip to free agency, Dianna Russini of The Athletic reports retaining Jones is still a distinct possibility. The Colts are the other top contender in this situation, she adds. Other quarterbacks will no doubt receive more attention over the coming days as the early portion of free agency unfolds, but Jones could have his next deal in place rather soon.

MARCH 2: Lost in the shuffle among this year’s free agent quarterback crop, Daniel Jones still looms as a potential bridge option for a team. After Geno Smith, Baker Mayfield and Sam Darnold rejuvenated their careers on one-year deals in recent years, Jones could be in play for a team eyeing a similar rebound for a once-highly regarded prospect.

Jones had more time with his initial team (by a wide margin) than those players, potentially reducing the chances he can still be a starter-caliber passer, but interest remains in the six-year Giants starter. Holding exclusive negotiating rights with Jones until March 10, the Vikings remain in play to re-sign him in a plan that would not include Darnold.

As Minnesota has until 3pm CT March 4 to use its franchise tag on Darnold, the team could go with a cheaper plan while passing on cuffing its 2024 starter. The prospect of the Vikings re-signing Jones as J.J. McCarthy insurance is believed to be a true consideration, ESPN.com’s Jeremy Fowler notes. This would set Darnold up to hit the market as the top QB option and essentially thrust Jones into the role Darnold held going into the Vikes’ 2024 offseason program. This is not the first time Jones taking Darnold’s Twin Cities spot has come up.

Although a report pegged McCarthy as having work to do — following two knee surgeries — to solidify himself as the Minnesota starter, Fowler pushes back on that by indicating the Michigan alum has already shown he can be the team’s franchise QB. Considering McCarthy lost his entire rookie year due to a meniscus tear, it would be difficult for the Vikings to truly express confidence in their preferred 2025 option being ready. But the team showing this much confidence already would seem to point Darnold out of town.

The Vikings signed Jones to their practice squad last November, keeping him there until January. Jones was not active for Minnesota’s wild-card game, separating this from the situation in which Mayfield used a Rams stopover to help generate some momentum. Jones has next to no momentum after disappointing on his four-year, $160MM Giants extension, but he is a former No. 6 overall pick who will only be going into his age-28 season. Considering Kevin O’Connell‘s acumen coaching QBs, Jones on a bridge deal would be a sensible option for a Vikings team with lucrative contracts at receiver and tight end.

Minnesota has still kept its Darnold card close to the vest, though it would seem the only way he would stay is in the case of a franchise tag, which a recent report tabbed as unlikely. Darnold has a chance to score a much bigger contract, after making the Pro Bowl on the original ballot in a 2024 breakthrough, compared to the one-year, $10MM he inked with the Vikes last March. While his exit would allow for Jones to take his place, Darnold receiving the tag would force Jones to look elsewhere. Even if the Vikings do not tag Darnold, they would need to fend off other suitors for Jones.

One could be the Colts, whom Fowler adds he heard connected to Jones on multiple occasions recently. The Colts are ready to insert Anthony Richardson into a legitimate competition. While the team would understandably hope the former No. 4 overall pick wins it, Richardson’s rampant accuracy issues — before and after a midseason benching — have created a need in Indianapolis. A Jones-Richardson competition would not exactly inspire confidence, but Shane Steichen also played a key role in developing Jalen Hurts. The Colts would hope he can do more with Jones than Brian Daboll could.

Justin Fields, Trey Lance and a Jacoby Brissett reunion are also believed to be options for the Colts, Fowler adds. Indy would need to pay up for Fields, who has been connected to just about every QB-needy team this offseason. The Steelers appear to have him prioritized over Russell Wilson, while the Giants, Jets and Raiders are also being tied to the 2021 first-rounder. Lance-Richardson would be a wild matchup, like a crossroads fight in boxing, as both have not come close to justifying their draft slots. Lance also would not bring much insurance, given his struggles and inexperience.

Brissett has a history of helping the Colts out as a short-term solution, being an emergency Andrew Luck fill-in in 2017 and 2019. He signed a two-year, $30MM Colts extension but left in free agency after backing up Philip Rivers in 2020. Brissett has signed one-year deals in each of the past four offseasons and is unlikely to stay with the Patriots.