Through free agency and the 2020 NFL Draft, the Indianapolis Colts are preparing to make a run for the division as training camp approaches.
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Even though we don’t fully know what the preseason will hold for the Colts and the rest of the league, it’s still important to keep an eye on where they sit in terms of salary cap.
They have eight of their 10 draft picks already signed to rookie deals—only Michael Pittman Jr. and Julian Blackmon are left to sign their deals.
With that, the Colts have $23.448 million in salary-cap space, per Over The Cap. That is good for the seventh-most in the NFL.
What does this mean for the Colts? After they get their rookie deals signed, they should have still a lot of space left if they need to make a move. However, it is more likely that general manager Chris Ballard will use that left-over salary cap space to roll over for the 2021 offseason, a move he likes to make every offseason.
The Colts have some high commitments for the 2020 season, led by the $25 million right arm of Philip Rivers, but they still have enough to make a move if they feel like adding a veteran on a one-year deal.
What will come of the rest of the offseason remains to be seen, but the Colts are in good shape when it comes to salary-cap space.
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