Colts decline Anthony Richardson's fifth-year option, setting former No. 4 overall pick up for free agency

The Indianapolis Colts have declined quarterback Anthony Richardson’s fifth-year option.

Richardson, the team’s No. 4 overall pick of the 2023 NFL Draft, is headed for free agency after the 2026 season.

The move was one many viewed as inevitable considering the tumultuous start Richardson has had to his NFL career. 

The Florida product has dealt with a number of injuries and inconsistent play, and the Colts looked outside the organization for quarterback help before the start of the 2025 season.

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