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Indianapolis Colts Release Kicker Matt Gay After Two Seasons

The move saves the team $2.75 million in cap space and marks the end of Gay's underwhelming tenure following a standout career with the Rams.

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Overview

  • The Colts released Matt Gay on April 10, 2025, two years into a four-year, $22.5 million contract signed in 2023.
  • Gay's performance declined with the Colts, with field goal success rates dropping to 80.5% in 2023 and 83.8% in 2024, compared to 92.5% during his time with the Rams.
  • The decision to release Gay clears $2.75 million in salary cap space for the Colts this year.
  • Gay, 31, now becomes an unrestricted free agent after battling injuries and inconsistent performance during his tenure in Indianapolis.
  • Spencer Shrader remains the only kicker on the Colts' roster following Gay's release.