The Indianapolis Colts are poised to enter the next phase of the offseason on Monday as the open negotiating period commences at noon ET, presenting an opportunity for them to address their various needs. Despite having considerable salary-cap space compared to other teams in the NFL, it is unlikely that the Colts will engage in a flurry of high-profile signings. While they may explore the possibility of trading for a star cornerback, General Manager Chris Ballard has consistently expressed his intention to avoid overpaying in free agency.
However, the presence of several impressive defensive free agents hitting the market this offseason could potentially influence the Colts’ approach. Nevertheless, it is unlikely that Ballard will deviate entirely from his established strategy.
Before the legal tampering period begins on Monday, here is a ranking of the Colts’ top needs:
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Linebacker
One notable Colts’ free agent is Ronnie Harrison. While adding a third linebacker (LB3) might be a consideration, the Colts currently have Zaire Franklin and E.J. Speed as their starting tandem at the position. Additionally, they have re-signed Segun Olubi, who has displayed promise as a depth linebacker.
11
Punter
One notable Colts’ free agent is Rigoberto Sanchez. As of now, Sanchez has not been re-signed by the team. However, there is a possibility that he could be re-signed before noon on Monday, which would remove the punter position from the list of needs entirely.
10
Interior Offensive Line
Another notable Colts’ free agent is Danny Pinter. While some depth could be beneficial at the interior spots, it is unlikely that the Colts will make major changes to the unit considering the strong performance of the offensive line in 2023.
9
Offensive Tackle
There are no notable free agents for the Colts in this position. The team has their starting duo already set, but it would be prudent to consider adding some veteran competition at swing tackle for Blake Freeland. However, it is unlikely that this position is a major priority for the Colts.
8
Tight End
There are no notable free agents for the Colts in this position. The future of the tight end position for the team remains uncertain. While the room is currently crowded, there is a need for an upgrade in explosiveness. The return of Jelani Woods from a season-long hamstring injury would provide some assistance, but his impact cannot be relied upon until he proves himself. Regarding Drew Ogletree, although the domestic violence charges against him were dropped, the outcome of that situation remains unclear.