T.Y. Hilton (13) of the Indianapolis Colts up as he runs off the field following a key division win. Robert Scheer/IndyStar via Imagn Content Services, LLC

T.Y. Hilton isn’t going anywhere. The Colts legend will be returning to Indianapolis on a new deal, his agents the Katz Bros tell Ian Rapoport of NFL Network (Twitter link).

It’ll be a one-year deal for the veteran receiver worth $10M with $8M guaranteed, Adam Schefter of ESPN.com tweets. It’s a nice payday for a player on the back half of his career. Hilton has been with the Colts ever since they drafted him back in 2012, but this offseason for the first time it looked like a divorce was possible. Both sides had insisted they would like a reunion, but we heard right before free agency opened that there had been little progress on talks and Hilton would test the market.

Owner Jim Irsay had said back in January he’d want to see the franchise icon return if the financials could be worked out. Hilton had been one of the top receivers left on the market. The wideout market in general has been heating up recently, with big names like Hilton, Kenny Golladay and Will Fuller all signing over the past week. Teams like the Ravens looking to add a veteran pass-catcher are running out of top options.

He was still dominant as recently as 2018, when he put up 1,270 yards and six touchdowns in 14 games. Injuries limited him to 10 contests in 2019, but he bounced back with a healthy 2020.

He wasn’t a true number-one option as Indy had a lot of mouths to feed in a diverse offense, but he developed a rapport with Philip Rivers down the stretch and finished with a solid 56 catches for 762 yards and five scores in 15 games.

Hilton made four straight Pro Bowls from 2014-17, and although he’ll turn 32 this season, he showed last year he’s still got something left in the tank. He’ll be catching passes from his fourth quarterback in as many years in 2021, this time from Carson Wentz.

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