Colts given 23/1 odds to win Super Bowl 55

Colts are gaining favor for the 2021 season.

The Indianapolis Colts have been extremely aggressive to begin the official offseason, including a blockbuster trade for DeForest Buckner and a one-year deal to bring in quarterback Philip Rivers. It appears they are entering a win-now mode.

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There is still work to be done—most of which will come through the draft—but the Colts are already seeing their projections increase. In fact, they now have 23/1 odds to win Super Bowl LV, according to BetMGM.

Those odds are the fifth-highest in the AFC behind the Kansas City Chiefs, Baltimore Ravens, Pittsburgh Steelers and New England Patriots—the last of which is interesting given the expected departure of quarterback Tom Brady.

In the division, the Titans came in with 28/1 odds followed by the Texans at 40/1 and the Jaguars at 100/1 odds.

Even with the acquisition of Buckner and the signing of Rivers (pending a physical), the Colts have a lot of work to do. The defensive line is much strong now, but depth and talent still need to be added to the edge. The secondary could also use some depth.

On offense, the unit should be better with Rivers under center. How much better remains to be seen, especially with a need to add to the wide receiver and tight end positions.

Regardless, it appears the Colts are gaining the favor around the league again after making a few moves to officially begin the offseason.

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