The Colts haven’t moved Anthony Richardson yet, but the door is clearly open.
Indianapolis allowed the former No. 4 pick in the 2023 NFL Draft to explore a trade during the offseason, and he’s still on the roster as camp unfolds. Richardson, now 24 and entering his fourth season, is fighting for the backup quarterback job behind Daniel Jones, who is working back from an Achilles injury.
That alone tells you where things stand. Richardson has started 15 games for the Colts over three seasons, but the résumé comes with plenty of baggage: injuries, uneven play and a leadership reputation that was once under the microscope. The result is a trade market that, by current estimation, sits in the mid- to late-round pick range.
Bleacher Report’s Brad Gagnon thinks a move could still happen during training camp, and he laid out a handful of possible landing spots.
“Potential landing spots include the Cardinals - especially if Jacoby Brissett's contract dispute boils over - the Jets, once they realize Geno Smith is not the guy, or the Steelers, Cowboys, or Panthers as a premium stash-away option for 2027,” he wrote.
The Colts’ quarterback room adds another layer to the situation. Richardson is competing with Riley Leonard for the backup role, while Easton Stick is also in the mix.
But with Daniel Jones coming off that Achilles injury, the backup spot could wind up carrying far more weight than usual, since it may be QB1 to open the 2026 season. Indianapolis is optimistic Jones will be ready for Week 1 after the team started 2025 7-1 when he was fully healthy.
Richardson’s contract also matters here. Spotrac has him counting $10.8 million against the Colts’ 2026 salary cap.
His on-field production has been a mixed bag. In 2023, he played four games, completed 59.5% of his passes, threw three touchdown passes and one interception, and added four rushing touchdowns.
In 2024, he appeared in 11 games, completed 47.7% of his throws, had eight passing touchdowns, 12 interceptions and six rushing touchdowns. In 2025, he appeared in two games.
If Indianapolis does decide to deal him, the list of possible suitors is built around teams with their own quarterback questions.
Arizona’s group includes Jacoby Brissett, who wants more than $1.5 million guaranteed for 2026 and has an uncertain training camp status, along with Gardner Minshew and Kedon Slovis. New York has Geno Smith, who is back where his NFL career started after a rough 2025 with the Raiders, plus Bailey Zappe, Brady Cook and rookie Cade Klubnik, a fourth-round pick in the 2026 draft.
Pittsburgh has Aaron Rodgers, Mason Rudolph and third-round pick Drew Allar. Dallas has Dak Prescott, Sam Howell and Joe Milton III.
Carolina’s room features Bryce Young, Kenny Pickett, Will Grier and Haynes King.
For now, Richardson is still in Indianapolis. But with the Colts letting him shop himself around and his value sitting where it is, this is one of those situations that can turn fast.
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