Overview
- Richardson, who returned to the facility Monday for voluntary OTAs after two weeks away, remains on the roster with no trade imminent and no release planned, according to ESPN's Stephen Holder.
- The Colts declined his 2027 fifth-year option on May 1, which means he will become an unrestricted free agent after the 2026 season under his original four-year rookie deal.
- Indianapolis granted his February trade request, yet multiple reports describe a weak market, and GM Chris Ballard has said there is a scenario in which Richardson stays this season.
- Injuries and uneven play have depressed his value, with a career 50.6% completion rate, 11 touchdowns, 13 interceptions, and a 2025 fractured orbital bone that raised vision concerns, though The Athletic reported he provided 20/20 medicals in February.
- He is owed about $1.15 million this year, creating a low-cost flier for teams, and his participation offers the Colts live reps while Jones rehabs an Achilles tear, with many expecting any trade traction to hinge on summer health setbacks elsewhere.