While the 2025 season was a great one for the Indianapolis Colts, not so much for quarterback Anthony Richardson. A raw talent who needed more experience in the game, he didn’t even get a chance to touch the field while dealing with a broken orbital bone during pregame warmups.
It was a crushing blow not only for the former first-round pick, but also for the Colts, who have not indicated they are ready to part with the 23-year-old. But after declining to pick up Richardson’s fifth-year contract option, it’s clear the Colts are not ready to commit further to the No. 4 pick in the 2023 NFL Draft.

Recently, the Colts have been open to trading the cannon-armed, dual-threat QB. Those discussions were expected to heat up during the 2026 NFL Draft, when teams realized they wouldn’t be able to land the QB prospect they wanted. Yet, here we are, two weeks after the draft, and Richardson is still a member of the Colts.
Now, ESPN’s NFL insider Adam Schefter has indicated that the team is not eager to move on from Richardson, and a trade could happen later in training camp or even during the season if another team’s QB suffers an injury.
“There could be injuries, there could be a team that struggles at quarterback, there could be someone who is willing to pay more for Anthony Richardson in August than in April before or during the NFL Draft. And so, the Colts decided to hold on to the former high first-round draft pick and not deal him. And they figure they’ll move forward with him on the roster and essentially take care of it later.”
Adam Schefter on the Anthony Richardson trade
We’ve seen teams take this approach before. With how often injuries can occur, and how quickly they can derail a season, there’s always the possibility that the Colts could benefit from another franchise’s downfall later on. For now, they have a backup QB with star potential, who could also help Indianapolis as Daniel Jones works his way back from a torn Achilles.
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