ESPN’s Stephen Holder reports there’s been “no internal discussion” about the Colts releasing Anthony Richardson.

12 May 2026

Chris Ballard has emphasized lately that he “still thinks Richardson has something to offer.” We can certainly see the logic behind the Colts not doing another team a favor by letting Richardson become a free agent, but if there’s no market here, it seems likely that Richardson will likely just be the team’s third quarterback this season behind Daniel Jones and Riley Leonard.