Thursday, September 3, 2026
The FOS App is Live Download It Now

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 23, 2020; Kissimmee, Florida, USA; ESPN NFL Countdown analyst Dianna Russini poses during AFC practice at ESPN Wide World of Sports. Mandatory Credit: Kirby Lee-USA TODAY Sports
Exclusive

Dianna Russini ‘Absolutely’ Planning Sports Media Comeback

Multiple outlets have publicly stated they’d be willing to hire her.

LSU Eligibility Battle Attracts Web of Politicians

The state lawsuit over college athlete eligibility has become a political football.

Netflix Secures Commercial Distribution for Expanded NFL Slate

The streaming giant’s full NFL slate will be shown in commercial establishments.
The OG Football Show
Exclusive

Trey Wingo Reuniting With Former ESPN Colleagues for New NFL Show

The show will air on YouTube and audio platforms every Monday.
podcast thumbnail mobile
Front Office Sports Today

9/3/26 – Clippers-Kawhi Penalized, Tiger’s DUI Plea, Schrager’s ESPN Show

0:00

Featured Today

Teams Are Spending Millions to Build Luxury Locker Rooms

It’s a recruiting pitch, a retention tool, and a seven-figure line item.
September 1, 2026

High School Football Sidelines Are Clogged With Content Creators

Administrators call these amateur newcomers the “pajama paparazzi.”
Aug 3, 2026; Washington, D.C., USA; Alexandra Eala (PHI) kisses the championship trophy during the trophy ceremony after her match against Jessica Pegula (USA) (not pictured) in the women's singles final of the 2026 Mubadala DC Open at Rock Creek Park Tennis Center. Mandatory Credit: Geoff Burke-Imagn Images
August 30, 2026

How Alex Eala Turned the Philippines Into a Tennis Nation

A December homecoming match could break tennis’s attendance record.
August 26, 2026

Deshaun Watson Has Done the Impossible: Unite Browns Fans

Watson was named the starter after complaining boos were “personal.”
August 23, 2026

Dan Snyder ‘Invisible’ in NFL Three Years After Commanders Sale

Snyder has had little to no contact with former NFL associates.

Clippers Sanctions Pair With Already Bleak Media Outlook

The team will likely be much harder to watch this season.
September 1, 2026

Skylar Diggins Laments Chicago Sky’s Practice Facility Delay

Diggins said she expects to be with the Sky next season.
September 2, 2026

Read the NBA’s Report on Clippers, Kawhi Leonard, and Aspiration

The league found the Clippers illegally went around the salary cap.
Sponsored

Kerri Walsh Jennings’s Playbook for the Future of Volleyball

The former gold medalist talks NCAA, the Olympics, & investing in volleyball.
September 1, 2026

Stan Kroenke Has Deal to Buy Angels From Arte Moreno

The side announced the deal Tuesday.
First at FOS
August 31, 2026

Runners-Up Offered Seahawks Stake After Losing Out on Team

The deal is closing “very soon,” a source says.
August 31, 2026

Aaron Donald Return Supercharges Rams’ Status As 2026 ‘It’ Team

His return raised expectations and shortened betting odds. 
August 30, 2026

Aaron Donald Returns to Rams

His one-year deal is worth $20 million.