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Colts Sign Draft Picks Josh Chapman And Justin Anderson

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INDIANAPOLIS, IN - MAY 4: Josh Chapman #61 of the Indianapolis Colts talks with media following a rookie minicamp at the team facility on May 4, 2012 in Indianapolis, Indiana. (Photo by Joe Robbins/Getty Images)
INDIANAPOLIS, IN - MAY 4: Josh Chapman #61 of the Indianapolis Colts talks with media following a rookie minicamp at the team facility on May 4, 2012 in Indianapolis, Indiana. (Photo by Joe Robbins/Getty Images)
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The last 24 hours have seen the Colts lock up all their Day Three picks in the 2012 NFL Draft. Yesterday, the news broke that Vick Ballard, Chandler Harnish, LaVon Brazill, and Tim Fugger were signed. Today, Aaron Wilson of Scout.com reports that Indy has inked 5th round pick Josh Chapman, NT out of Alabama.

Chapman reportedly got a four-year deal worth $2.315 with a $215,512 signing bonus. The Alabama behemoth is presumed to be the starting nose tackle as the Colts shift from a 4-3 to a 3-4 ailment on defense. Chapman is recovering from an ACL injury, which he played with for much of last year during Alabama's national championship run.

It seems Jim Irsay wasn't done inking former SEC guys. The Colts released a statement, via their website, that 7th round pick Justin Anderson, OT from Georgia, was signed as well. No details on the contract, but considering Anderson is a final round project player, do you really care how much money he got?

With these recent signings, only 3rd round picks Dwayne Allen & T.Y. Hilton, 2nd round pick Coby Fleener, and No. 1 overall pick Andrew Luck are unsigned. The Colts should expect those players to get inked any day now because, with the new CBA, rookies have absolutely zero leverage. If one or a few holdout, they're basically just greedy. Look for them to sign soon and be ready for training camp.