Indianapolis Colts DVOA, Stats, & NFL Rankings

The Indianapolis Colts announced on Thursday that they have signed free-agent kicker Spencer Shrader to an undisclosed deal. Shrader will return to Indianapolis after making all three of his extra points in the Week 1 loss to the division-rival Houston Texans. The 25-year-old also appeared in games with the New York Jets and Kansas City Chiefs in his first year in the NFL in 2024, going a combined 5-for-5 on field-goal attempts (zero attempts from 50-plus yards) and 9-for-9 on extra-point tries. Shrader didn't miss a single kick, but it was also a small sample size. He was brought in to compete with veteran Matt Gay this summer after Gay made just 83.8 percent of his 37 field-goal attempts in his second year with the team. Whoever wins the competition should be left to the waiver wire in 12-team fantasy leagues.

The Indianapolis Colts and free-agent running back Khalil Herbert reached an agreement on an undisclosed one-year deal on Wednesday, according to ESPN's Adam Schefter. Herbert began the 2024 season with the Chicago Bears and had only eight carries for 16 yards and a touchdown in six games before being traded to the Cincinnati Bengals, where he finished with 28 carries for 114 yards and no touchdowns in eight games behind Chase Brown. Now in Indianapolis, the 26-year-old will have a similar backup role to Jonathan Taylor. Because he's unlikely to see much volume unless Taylor misses time with an injury, Herbert will mainly be a handcuff in deeper leagues for those that draft Taylor. The former sixth-rounder (217th overall) by the Bears in 2021 has averaged 4.8 yards per carry on 400 rushing attempts for 1,905 yards and nine TDs in his four years in the NFL.

The Indianapolis Colts are preparing for an open quarterback competition between Anthony Richardson, who is healthy and has no plans to seek a trade, and Daniel Jones, agent Deiric Jackson told NFL Network's Tom Pelissero. "AR will be ready to roll," Jackson said. The plan all along was for the Colts to bring another QB in to compete with Richardson, who missed time with another injury in 2024 and was also benched in favor of veteran Joe Flacco. Jones will be that guy after inking a one-year, $14 million deal with Indy after he was cut by the New York Giants a season ago. The 27-year-old latched on with the Minnesota Vikings late in the year but never played. As long as Richardson stays healthy, it would be an upset if Jones won the job over him, but Richardson definitely needs to show improvement as a passer to take the next step. If Richardson wins the job, he'll have QB1 upside because of his rushing prowess.