According to ESPN's Adam Schefter, who got into a Twitter war last week with Owner Jim Irsay, the Colts and Irsay are all set to hire Eagles Director of Player Personnel Ryan Grigson as the Colts new General Manager:
Irsay had said previously that he wanted to hire his new GM by the middle of this week, and that certainly seems to be the case here.
Grigson has been with the Eagles for nine seasons, starting out as a scout, than moving up to Director of College Scouting, which was his position for four seasons. Before the 2010 season he was promoted again to the Director of Player Personnel, which is essentially second-in-command to the General Manager. Pretty much every other candidate for the GM position held the same title.
Grigson also has ties to the area, as he was born in Highland, IN, and was a Tight End/Offensive Tackle at Purdue from 1991-94. His NFL career really didn't take off, failing to play in any games, and suffered a career-ending back injury while playing in Canada in 1997.
Once this becomes official we'll have a lot more information. Obviously he'll have a big decision to make right away with Head Coach Jim Caldwell on whether he stays or not. Stay tuned.