Overview
- The teams agreed to a player-for-player trade on March 7, but it cannot be finalized until the new league year opens.
- Green Bay will inherit Franklin's contract with a 2026 cap hit just over $7 million, and further cap moves are expected before Wednesday.
- Franklin is expected to step into the middle linebacker role alongside Edgerrin Cooper, with NFL Network reporting Quay Walker is likely headed to free agency.
- Indianapolis creates several million dollars in 2026 savings while taking on about $2.5 million in dead money, leaving a significant vacancy at linebacker to address.
- The Colts receive 25-year-old Colby Wooden, a 2023 fourth-round pick who started 16 games last season and provides low-cost interior defensive-line depth in the final year of his rookie deal.