Rumor: Colts looking to sign veteran corner Frank Walker

National Football Post is all over it:

The Baltimore Ravens are involved in an ongoing discussion with veteran free agent cornerback Frank Walker, according to a league source with knowledge of the situation.

Walker has other offers. It's believed one of the teams is the Indianapolis Colts.

The Ravens need depth after losing Domonique Foxworth for the season with a torn anterior cruciate ligament.

Walker is likely using the Ravens' desperation at corner as a way to drive up the offer from the Colts. It won't work. The Colts rarely get into bidding wars, especially for a player like Frank Walker.

The Ravens are in deep trouble regarding their secondary. Foxwworth is done. Lardarius Webb and Fabian Washington are both coming off knee injuries from last year. Also, Pro-Decade-caliber safety Ed Reed is still not healthy. Look for the Ravens to overpay for Walker.

Walker is an eight-year veteran who spent the last two years with the Ravens. He's pretty much a career back-up. His best season was 2008 when he started five games and had 11 passes defended.