Friday, April 17, 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

How Taylor Swift’s Catalog Led Her Former Label Boss Into Sports

Scott Borchetta profited greatly from the sale of Swift’s masters.
A smartphone showing the Netflix logo is held in front of a television displaying the Netflix home screen with Top 10 content rows in Paris, Ile de France, France, February 28, 2026. The scene illustrates video on demand streaming and second screen viewing on connected devices.

Netflix: There’s ‘Opportunity to Expand the Relationship’ With NFL

The streaming giant touts big results from its live sports content.
Apr 15, 2026; Inglewood, California, USA; Golden State Warriors guard Stephen Curry (30) drives past Los Angeles Clippers guard Kris Dunn (8) and guard Darius Garland (10) in the second half during the play-in rounds of the 2026 NBA Playoffs at Intuit Dome.
exclusive

NBA Is in Talks With Kalshi and Polymarket

Discussions ramped up after the CFTC began engaging with leagues, sources say.

NFL Draft Week Brings Tension, Trade Rumors, Pittsburgh Frenzy

Trade talk grows while hotel rooms in Pittsburgh remain historically expensive.

Featured Today

blake griffin

Inside Blake Griffin’s Rookie Season at Prime Video

The six-time All-Star was initially hesitant to enter the media space.
Matthew Schaefer/Front Office Sports
April 10, 2026

Matthew Schaefer Has the Hockey World in His Thrall

The teenage Islanders defenseman cannon-balled into the NHL.
April 9, 2026

College Athletes Are Ignoring NCAA Gambling Bans

“We were going to bet regardless,” says one former D-I athlete.
April 8, 2026

Why Did FIFA Do a Deal With an Obscure Prediction Market?

The product is scheduled to launch on Thursday.
Apr 15, 2026; Inglewood, California, USA; Golden State Warriors forward Draymond Green (23) steals the ball from Los Angeles Clippers forward Kawhi Leonard (2) in the final minutes of the game of the play-in rounds of the 2026 NBA Playoffs at Intuit Dome

Thunder Rack Up Another Lottery Pick With Clippers Play-In Loss

L.A. hands over its pick while scandal still hangs over the team.
April 8, 2026

Pirates Break From Frugal Past With Record $140M Konnor Griffin Deal

The low-budget club signs the rookie phenom to a historic contract.
April 10, 2026

Billionaire Broncos Owners Buy 40% of Rockies

The Rockies have finished last in the NL West four straight years.
Sponsored

From Gold Medalist to Business Founder

Allyson Felix on investing in women’s sports and what comes next for track & LA28.
April 7, 2026

Three MLB Teams Move Games to Avoid Cold Weather

The Guardians, White Sox, and Mets are moving night games.
April 7, 2026

Red Sox Skid, Liverpool Unrest Puts FSG Under Mounting Pressure

Fans of two Fenway Sports Group–owned teams are growing restless.
Aug 27, 2025; Arlington, Texas, USA; Dallas Wings guard Arike Ogunbowale (24) looks on from the team bench during the first half against the Connecticut Sun at College Park Center.
April 2, 2026

Will a Star Get Picked in the WNBA Expansion Draft?

The Fire and Tempo have just five weeks to assemble their teams.
April 1, 2026

Goodell: Tisch Is No Longer Giants Owner, No Policy Violation

The commissioner says the league has “not found anything that’s a violation.”