Overview
- Richardson reported to the Colts’ voluntary workouts on Monday after skipping the first two weeks, with multiple reports saying the team is no closer to a trade and has given no indication of a release.
- The Colts declined his fifth‑year option on May 1, which avoids about $22 million guaranteed for 2027 and sets him up for unrestricted free agency after the 2026 season.
- General manager Chris Ballard has said there is a scenario where Richardson stays, and his $1.15 million 2026 salary makes him a low‑cost backup while Daniel Jones rehabs a torn Achilles.
- Reporters including ESPN’s Adam Schefter describe his trade market as soft, and possible destinations have narrowed as teams fill depth roles, such as Green Bay signing Tyrod Taylor.
- His value has dipped due to injuries and inconsistency—an AC joint sprain, a concussion, and a fractured orbital bone that affected his vision—along with a 50.6% career completion rate with 11 touchdowns and 13 interceptions.