Colts have an estimated $14 million in cap space to work with

Brian Spurlock-USA TODAY Sports

Colts G.M. Ryan Grigson has done well addressing key roster needs thus far this offseason. Problem his, he still has several more.

After Colts general manager locked up free agent wide receiver Hakeem Nicks for a one-year, $3.5 million deal, the next question (outside of whether or not Grigson is serious about pursuing Browns center Alex Mack) was:

How much cap space does Indianapolis have left?

The Colts started the new league year with roughly $40 million under the cap. Prior to the new league year starting on March 11th, they inked inside linebacker D'Qwell Jackson to a four-year, $22 million deal. Now, after signing free agents like Nicks and defensive end Arthur Jones - along with re-signing corner back Vontae Davis to a $36 million deal - the Colts have roughly $14 million left to work with if they want to sign (or re-sign) more players.

I'm excluding $3 million from that cap number because that's usually what teams need to keep in reserve to sign their draft picks and make offers to rookie free agents come May.

The Colts still have massive needs at the center, safety, and nose tackle positions. Depth at corner is also a concern, which is why it's curious that Grigson has not re-signed 26-year-old corner Cassius Vaughn. Vaughn, who is a free agent, has started 15 games in two seasons for the Colts since being traded from Denver. He has 4 INTs, 15 passes defended, and 1 forced fumble in his tenure with Indy.

On the whole, Grigson has done a good job this offseason addressing key needs in free agency with quality players, such as Jones and Nicks. However, his work isn't finished, and he cannot possibly hope to resolve his needs at center, safety, and nose tackle solely through the NFL Draft.

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join Stampede Blue

You must be a member of Stampede Blue to participate.

We have our own Community Guidelines at Stampede Blue. You should read them.

Join Stampede Blue

You must be a member of Stampede Blue to participate.

We have our own Community Guidelines at Stampede Blue. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_9341_tracker