Indianapolis Colts Free Agency Signings and Losses

Washington Commanders v Indianapolis Colts
Washington Commanders v Indianapolis Colts

The Indianapolis Colts face a pivotal offseason with key decisions that will shape the franchise's future. One of the most significant moves was parting ways with quarterback Matt Ryan.

In this article, we'll break down each 2023 NFL free agent signing by the Colts and analyze their potential impact on the upcoming season.


Indianapolis Colts Free Agency Signings

Isaiah McKenzie, Wide Receiver

The Indianapolis Colts signed Isaiah McKenzie to a one-year deal, filling the valuable slot position left by the departure of Parris Campbell.

McKenzie is not a big-play threat but has the ability to convert tough plays in short-yardage situations and serve as an underneath receiving threat. However, the risk lies in McKenzie's lack of explosiveness on the outside. The Colts need more of that to increase one-on-one opportunities for 2022 second-round pick Alec Pierce.


Gardner Minshew, Quarterback

Gardner Minshew's one-year deal bolsters the Indianapolis Colts' quarterback position after a 2022 season with poor depth. Minshew brings familiarity with new Colts coach Shane Steichen's scheme and concepts, having spent the past two seasons with him in Philadelphia.

The risk is whether Minshew can be a viable starter over a lengthy period, as his 58% completion rate in 2022 may not be enough to intimidate opponents.


Tony Brown, Cornerback

Tony Brown's one-year deal with the Indianapolis Colts continues the team's habit of valuing special teams contributors. Brown played 72% of special teams snaps last season, but only played nine defensive snaps.

The risk for the Colts is not finding better options on defense, especially after trading veteran Stephon Gilmore to the Dallas Cowboys.


Taven Bryan, Defensive Tackle

Signing Taven Bryan on a one-year deal adds depth to the Colts' defensive line. Bryan can offer an interior pass rush, but he may not be more than a depth player. Both the Jacksonville Jaguars and Cleveland Browns notably decided to move on from him after his underwhelming performances in previous seasons.


Ashton Dulin, Wide Receiver

Ashton Dulin's two-year deal with the Indianapolis Colts brings back a player with elite speed and potential as a consistent downfield threat. However, Dulin's signing is more of a depth addition rather than addressing the talent level at the top of Indianapolis' wide receiver corps.


Samson Ebukam, Defensive End

Samson Ebukam's three-year deal with the Colts adds a versatile edge player who is effective against both the run and the pass.

The risk is that the Colts currently don't have an edge rusher who has produced more than six sacks in a single season. They will need to develop consistent pass-rushers moving forward to maximize their opportunities.


Matt Gay, Kicker

Matt Gay's four-year, $22.5 million deal with the Colts brings stability to the kicker position after inconsistency since Adam Vinatieri's final season in 2019. However, Indianapolis' cap flexibility could take a hit if Gay's performance declines or falls short of expectations.


E.J. Speed, Linebacker

E.J. Speed's two-year deal with the Indianapolis Colts helps them retain a key special teams contributor. He can also step in as the third linebacker behind Zaire Franklin and Shaquille Leonard.

However, Speed's inexperience on defense, which could lead to a significant downgrade from Bobby Okereke, could affect the Colts' overall defensive performance.


Notable Colts Departures

One of the most notable departures for the Indianapolis Colts this offseason is the release of veteran signal-caller Matt Ryan. After just one season with the team, Ryan's release marks a significant shift in the Colts' approach to their quarterback position.

Gardner Minshew has been signed as a potential mentor to a potential rookie quarterback. The Colts seem to be looking towards a younger, more dynamic option under center.

Yannick Ngakoue, the pass-rushing defensive end, is also set to hit the free-agent market. His exit, coupled with the signing of Samson Ebukam, indicates that the Colts are shifting their focus to a more well-rounded and versatile edge player.

Additionally, Indianapolis has seen linebacker Bobby Okereke and wide receiver Parris Campbell both leave in free agency.

Okereke's move to the New York Giants on a $40 million deal leaves a void in the Colts' defense that E.J. Speed will attempt to fill. The loss of Parris Campbell, who signed with the New York Giants, creates an opening in the wide receiver corps that Isaiah McKenzie will try to fill as a slot receiving option.

As the Indianapolis Colts continue their offseason moves, they will need to adjust their strategies to compensate for these key departures. They wil also have to ensure that the new additions can effectively fill the gaps left by these players.

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