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Colts salary cap update after first wave of NFL free agency
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- Colts salary cap update after first wave of NFL free agency
Following the first wave of NFL free agency, how much salary cap space do the Indianapolis Colts have?
The good news for the Colts is that they have quite a bit of salary cap space relative to the rest of the NFL, even with being fairly active over the last week.
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Between trading Michael Pittman and Zaire Franklin , that created nearly $30 million in salary cap space for the 2026 season. The way the team structured the hefty contracts for Alec Pierce and Daniel Jones also helped mitigate -- as much as possible that is -- the salary cap impact of each of those re-signings.
How much salary cap space do Colts have after first wave of NFL free agency?
At the moment, Over the Cap projects that the Colts have $37.64 million in available cap space. This is the 10th-most in the NFL.
Again, that's the good news. But there is some not-so-great news that goes along with this.
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While the Colts have the ability to make a splash or two, options are running low when it comes to making a high-impact addition at this stage of free agency.
Instead, GM Chris Ballard may have to rely on quantity to help create competition and hopefully raise the floor at a number of these position groups -- many of which are short on experienced depth.
It's also important to note that there are future salary cap expenses coming down the pipeline, including the need for cap space to sign the incoming draft class and reserve funds for any in-season spending.
This article originally appeared on Colts Wire: NFL free agency: Colts salary cap outlook after first wave
