The Colts resigned veteran wide receiver Reggie Wayne yesterday in a move that shocked many people. Just days after releasing several key stars, the Colts signing of Wayne appeared to be a slight course reversal for a franchise intent on a massive rebuilding project.
Why would the Colts resign Wayne?
Here are five simple reasons.
1. They have to field a team in 2012. At some point, you have to have warm bodies on the field. After Pierre Garcon signed an insane contract with Washington, the Colts were left scrambling. They were going to have spend money on a free agent wide receiver. There's no way to fill out the roster just with the draft and undrafted players. If they have to sign someone, Wayne is in the category of guy they could afford.
2. The money was right. If the numbers are to be believed, Wayne signed a 3 year $17 million deal with $7 up front. That means he'll probably count $5 million against the 2012 cap. Even if he's cut at the end of the year, ...