QB Anthony Richardson Reports To Colts Workouts

Richardson has reported to the Colts for today’s work, ESPN’s Stephen Holder reports. Today’s development comes shortly after Indianapolis made the expected decision of declining the former No. 4 pick’s fifth-year option. As a result of that move, Richardson is a pending 2027 free agent.

It came as little surprise when team and player were apart from each other at the beginning of voluntary workouts. Richardson requested a trade earlier this offseason, and with Daniel Jones atop the depth chart Indianapolis could stand to move on in his case. As general manager Chris Ballard recently confirmed, however, no trade calls were made during last month’s draft. An extended Richardson waiting period could thus be in store.

All work between now and June’s minicamp is voluntary. Richardson will now be in store to participate in team drills as he awaits clarity on his future. The soon-to-be 24-year-old has totaled only 15 starts through three seasons in the NFL, with injuries and inconsistent play when on the field defining his Colts tenure. That will hinder Richardson’s stock in any potential trade, and many teams added to their QB depth charts by selecting a signal-caller on Day 3 of the draft (or earlier, in a few cases).

Ballard has suggested the Colts could keep Richardson in the fold through 2026, and the nature of the Florida product’s trade market will be worth watching as the offseason unfolds. Riley Leonard looms as Indianapolis’ QB2 in the event Richardson winds up being dealt. It remains to be seen when or if that will take place, but suitors could of course emerge if injuries strike during practices around the league.

Richardson is owed $1.15MM in salary for the coming season. He could be viewed as a low-cost option for teams seeking a developmental passer or a one-year rental as a result. Otherwise, on-field preparation for a fourth season in Indianapolis will begin today.