Overview
- Colts general manager Chris Ballard said Tuesday that Richardson still wants a trade but the team intends to keep him and will not "give him away."
- Indianapolis plans to carry three quarterbacks on the 53-man roster — Daniel Jones, Anthony Richardson and Riley Leonard — with Jones cleared to start and Richardson and Leonard rotating reps while they compete for the backup job.
- A $4.2 million roster bonus due on the third day of training camp would lower the salary an acquiring team would owe for 2026 and creates a narrow early-camp window that could make a trade more feasible.
- Richardson’s limited availability and on-field production, including 15 starts through three seasons and a roughly 50.6 percent career completion rate, have depressed his market value and make high draft returns unlikely.
- If the Colts do not receive meaningful compensation, they appear likely to keep Richardson for depth through the preseason and into final cuts on Aug. 30, with his preseason showing the clearest path to changing that outcome.