Colts Make Significant, But Expected Decision On Anthony Richardson Sr.

Indianapolis Colts GM Chris Ballard talked about the trade requests for CB Kenny Moore II and QB Anthony Richardson Sr. this week ahead of the 2026 NFL Draft. (video via Jake Arthur/ColtsRoundtable) As expected, the Indianapolis Colts will not pick up the fifth-year option for quarterback Anthony Richardson Sr.

, according to Mike Chappell of FOX59/CBS4 . Teams have until Friday, May 1 to make the decision regarding their first-round picks from the 2023 NFL Draft. The Colts' fourth-year quarterback, and No.

4 overall pick in the 2023 draft, is currently on the trade block  after requesting a move back in February, but the Colts have struggled to find a suitable trade partner. With Richardson's long history of injuries, including the current recovery from a freak incident that required eye surgery in 2025, adding an extra year with a $22. 5 million price tag ( OverTheCap.

com ) to him would've likely killed any remaining minimal shot at trading Richardson. While the Colts would be adding an extra year of security with Richardson, it also brings a significant financial commitment, which is not ideal for a new team to take on. Last Monday, April 20, during his pre-draft press conference, Colts general manager Chris Ballard was asked whether the team planned to pick up Richardson's fifth-year option.