Colts Release Nick Foles, Prep Anthony Richardson for Starting Role

The Indianapolis Colts released veteran quarterback Nick Foles to make room for rookie Anthony Richardson, whom multiple reports indicate is being groomed to start in Week 1.
Richardson, the fourth overall pick in the draft, ran an impressive 4.43 40-yard dash at the combine and has drawn comparisons to Michael Vick.
The Colts struggled through multiple quarterback changes last season and see Richardson as the franchise quarterback of the future.
Gardner Minshew and Sam Ehlinger remain on the roster to compete with Richardson for the starting job.
Colts GM Chris Ballard said he “didn’t want to watch [Richardson] be a superstar somewhere else,” signaling the team's commitment to developing the rookie quarterback.