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Colts Shift Into Seller Mode With Fourth‑Round Offer For Josh Downs

Indianapolis is seeking draft picks to jump-start a rebuild before the Nov. 10 trade deadline.

Overview

  • The Colts have put themselves in clear seller mode as the Nov. 10 trade deadline nears and are actively marketing players to acquire draft capital.
  • Adam Schefter, Ian Rapoport and other insiders report the Colts have at least a fourth‑round pick offer for slot receiver Josh Downs, who has requested a trade and is on an expiring contract.
  • Indianapolis is fielding calls on quarterback Daniel Jones and is willing to listen to offers, a posture shaped by Jones’s two‑year, $88 million deal and a $10.51 million injury guarantee that could fully vest next March.
  • Multiple reporters say Jonathan Taylor remains expensive to acquire; the Colts have rejected offers that fell short of a first‑round pick or a McCaffrey‑style multi‑pick package, making Taylor more likely to stay unless a blockbuster bid arrives.
  • The club’s sell‑off follows Oct. 27 trades of Quenton Nelson and DeForest Buckner and is driven by the loss of a 2027 first‑round pick, leaving Indianapolis focused on rebuilding through mid‑ and high‑round draft assets.