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Colts Make $22.5 Million Decision on QB Anthony Richardson Ahead of 2026 Season

Colts Make $22.5 Million Decision on QB Anthony Richardson Ahead of 2026 Season

Summary

The Indianapolis Colts decided not to pick up quarterback Anthony Richardson’s fifth-year contract option, which would have guaranteed him $22.5 million in 2027. This move gives the team more financial flexibility and suggests they may trade Richardson or use him as a backup next season.

Key Facts

  • Anthony Richardson was the 4th overall pick in the 2023 NFL draft by the Colts.
  • He is known for his size (6-foot-4, 244 pounds), strong arm, and ability to run with the ball.
  • In his first four games, he showed promise with passing and rushing stats but overall struggled with accuracy and staying healthy.
  • Richardson has played only 17 games in three years due to injuries.
  • The Colts declined his fifth-year option on May 1, which would have paid him $22.5 million in 2027.
  • Declining the option means the Colts are not fully committing to Richardson long-term and can use the money elsewhere.
  • Richardson has asked for a trade and missed offseason activities.
  • Possible next steps for Richardson include being traded, staying as a backup, or becoming a free agent to find a better team fit.
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