Decision Colts have to make about Anthony Richardson's future in 2026

Key Highlights

• Typically, the deadline to do so is in early May. According to Over the Cap, Richardson's projected fifth-year option is worth $22.93 million.
• Or another way to put it, if the Colts picked the option up, that is how much Richardson would earn in 2027.
• This contract amount is fully guaranteed as well. However, I wouldn't anticipate that happening.
• Richardson took on the backup role this past season before an eye injury landed him on injured reserve.
• His play through his first two seasons, when getting the opportunity to start, was sporadic. AdvertisementAdvertisementAdvertisementThe Colts clearly want Daniel Jones back, while Riley Leonard looked like he could be a capable backup for Indianapolis after his performance against Houston. So the question this offseason around Richardson isn't whether or not his fifth-year option is exercised, but rather it's around whether or not he's on this team in 2026.