Friday, May 1, 2026

Colts Have Cap Space But No Starting QB

  • With Carson Wentz off to Washington, Indianapolis is $69.3 million under the salary cap.
  • The Colts have nine selections in the 2022 draft — but none in the first round.
Marc Lebryk-USA TODAY Sports/Design: John Regula

On Wednesday, the Colts ended the failed Carson Wentz experiment, sending the veteran quarterback to the Washington Commanders in exchange for three draft picks.

Since Peyton Manning’s departure in 2010 and Andrew Luck’s stunning early retirement in 2019, Indy has been on a QB carousel

According to the NFL, the Colts are the only team in league history to go four consecutive seasons with a different QB starting 15-plus games: Luck, Jacoby Brissett, Philip Rivers, and Wentz.

Wentz arguably cost them a playoff appearance, and he’ll affect them in the 2022 draft — though there is a silver lining.

  • They hold nine selections, but don’t have a first-round pick — because they sent it to the Eagles for Wentz.
  • But Washington will pay the full $28M due Wentz, leaving the Colts with the most cap space ($69.3M).
  • With Sam Ehlinger and James Morgan the only QBs on the roster, Indy currently has the league’s lowest combined cap hit ($1.7M) at the position.

The Colts aren’t likely to land their next franchise QB in this draft, so GM Chris Ballard will have to find the 2022 starter via free agency — Mitchell Trubisky, Jameis Winston, Marcus Mariota — or a trade. 

Possible trade candidates include the 49ers’ Jimmy Garoppolo, who is in the final year of a five-year, $137.5 million contract ($27M cap hit), the Raiders’ Derek Carr ($20M), or the Vikings’ Kirk Cousins ($45M).

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Jan 11, 2026; Foxborough, MA, USA; New England Patriots head coach Mike Vrabel looks on before the game against the Los Angeles Chargers in an AFC Wild Card Round game at Gillette Stadium. Mandatory Credit: David Butler II-Imagn Images

Schedule Release Could Make Mike Vrabel NFL’s Punching Bag

Unfortunately for Vrabel, the Patriots face the Chargers in 2026.
Mar 4, 2023; Indianapolis, IN, USA; The NFL Network logo on the field at Lucas Oil Stadium. Mandatory Credit: Kirby Lee-USA TODAY Sports

NFL Network Dark on Comcast in First Carriage Dispute Under ESPN

The dispute does not involve Disney or ESPN’s other channels.
Cleveland Browns players Denzel Ward and Carson Schwesinger, left, join with others as they take part in the ceremonial groundbreaking for the new Huntington Bank Field in Brook Park, Ohio on April 30, 2026.

Browns Break Ground on New Stadium, but Funding Still in Limbo

State and local funding for the planned venue is not yet solidified.
Tim Cook
exclusive

Seahawks Sale Watch: Zuckerberg, Cook Among Rumored Bidders

A source close to Apple denied Tim Cook’s interest.

Featured Today

Kaitlin Oaks (left) from Tampa looks at photos with Layla Abutha from Tampa while attending Thurby at Churchill Downs during the week of Kentucky Derby on Thursday, April 30, 2026.

Kentucky Derby Is Courting Gen Z

Churchill Downs is mixing traditional splendor with a youthful atmosphere.
INDIANAPOLIS, INDIANA - MARCH 25: Caitlin Clark of the Indiana Fever sits on the baseline and makes photographs during the Indiana Pacers game against the Los Angeles Lakers at Gainbridge Fieldhouse on March 25, 2026 in Indianapolis, Indiana.
April 22, 2026

Why Athletes Are Moonlighting As Sports Photographers

Athletes are swapping courtside seats for sideline cameras.
Quinnipiac women's varsity rugby
April 21, 2026

The Death of Quinnipiac Women’s Varsity Rugby

The sudden decision at Ilona Maher’s alma mater left players blindsided.
April 17, 2026

The Lawyer Steering the NIL Era

In the new era of college sports, Darren Heitner is everywhere.
Sep 2, 2025; San Francisco, California, USA; New York Liberty forward Breanna Stewart (30) shoots the ball against Golden State Valkyries guard Veronica Burton (22) during the first quarter at Chase Center.

Ariel Investments Sees a $1B Women’s Sports Team in the Next 5 Years

Like small-cap stocks, women’s sports teams have room to run.
May 1, 2026

Caitlin Clark Calls Out Indiana Fever Graphic Made With AI Tools

The NHL’s Jets and Blues also use AI in their content.
May 1, 2026

Dundon Pours Money Into Pickleball As He Cuts Blazers Spending

NBA fans have nicknamed the Blazers owner “El Cheapo.”
Sponsored

Why Brandon Marshall Bet on Athlete-Owned Media

Brandon Marshall on athlete media, life after football, building I AM ATHLETE.
exclusive
May 1, 2026

Mark Cuban Admits He Wanted to Buy Back Mavericks

“That’s just not the game anymore.”
April 29, 2026

Titans’ Post-Vrabel Shake-Up Continues With Chad Brinker’s Exit

Chad Brinker stepped down as president of football operations.
April 28, 2026

Diego Pavia Gets Ravens Deal As Steelers Wait on Aaron Rodgers

The Ravens signed the undrafted free agent from Vanderbilt.
April 26, 2026

Red Sox Fire Alex Cora, Five Coaches in FSG’s Biggest Test Yet

The John Henry-led FSG is facing its greatest challenge.