Indianapolis Colts must decide whether to retain, trade, or cut 2023 No. 4 pick Anthony Richardson after a turbulent 2025 season. Richardson, the former college star from Florida, struggled with injuries, including a fractured orbital bone, and inconsistent play, finishing with a 47.7% completion rate and 12 interceptions. The team’s priority now is Daniel Jones, who returned from an Achilles injury, and rookie Riley Leonard, who showed promise as a backup.

Richardson’s $10.82 million cap hit in 2026 complicates the decision, with a $5.385 million savings possible if traded before June 1. Sources indicate no trade request, but the team remains noncommittal, leaving fans and analysts questioning his role. The Colts’ QB room is in flux, with Richardson’s potential value as a draft-pick asset hanging in the balance.