Is drafting Indianapolis Colts QB Anthony Richardson worth the risk?

Richardson’s immeasurable upside doesn’t come without sizable risk.

When the Indianapolis Colts made quarterback Anthony Richardson the fourth pick of the 2023 NFL Draft, expectations were off the charts that, with Richardson’s skill set, he could almost immediately be Version 2.0 of Baltimore’s Lamar Jackson or former NFL star Cam Newton. Blessed with a rare combination of elite foot speed and arm strength, it was clear that Richardson was going to be the starter on Day 1 and the atmosphere was going to change for the Colts.

Indianapolis had witnessed a quarterback turnstile since the abrupt retirement of franchise cornerstone Andrew Luck after the 2018 season. After five years of change, the belief was the ugly ride was coming to a stop with the arrival of Richardson.

Unfortunately, his rookie season lasted just two full games and parts of two others. Richardson was knocked out of his first two divisional tilts – Week 2 against the Houston and Week 4 vs. Tennessee, when he sustained a season-ending shoulder injury that required surgery, putting his dynamic rookie campaign on hold.

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What Richardson showed in 162 minutes was stunningly good. In less than 10 quarters of game time, he threw for 577 yards and three touchdowns and rushed 25 times for 136 yards and four touchdowns. When he was on the field, the rookie was electric as both a runner and passer. But the obvious concern is his durability.

After a few years of being one of the weaker offensive divisions in football and run-oriented in a passing league, the AFC South has suddenly transformed into a division that has seen significant offensive octane added across the board. The days of the 17-13 bloodbaths are over, and the Colts have joined the party with an offense that can compete with anyone, largely thanks to a dynamic Richardson at the wheel.

The gigantic question with Richardson as a fantasy investment is will he be able to stay healthy in the NFL and not be a flash in the pan with immense talent?

Fantasy football outlook

There may be no bigger risk/reward pick in fantasy drafts this summer than Richardson. He currently as an ADP of QB5, behind only Josh Allen, Jalen Hurts, Jackson and Patrick Mahomes — in the mix with guys like C.J. Stroud, Joe Burrow and Dak Prescott.

Those other guys all have a track record of success to warrant being drafted that high. Richardson has finished only two career games, meaning he’s effectively still a rookie. Anyone who saw his performances in 2023’s cameo season can attest that Richardson is an explosive — perhaps generational — talent, but to take a quarterback this high with a blazing red flag from his rookie season is a bold move as high as his current ADP would indicate.

Whoever ends up with Richardson will likely be forced to jump on another quarterback higher than others who took a quarterback early to provided insurance. In a 12-team league, that will likely require grabbing a second QB as soon as everyone has one, which may be too steep a price for a lot of fantasy managers to pay, despite his incredibly high ceiling.

Is there fantasy value to be found among Indianapolis Colts TEs?

Could a sleeper emerge from Indy’s tight end lot?

The Indianapolis Colts are still waiting to fully turn the page to a new era with quarterback Anthony Richardson, who flashed his dynamic ability as a rookie but was limited to just four games due to injuries. As a result, we have yet to see how he will mesh with his tight ends, Jelani Woods, Kylen Granson and Mo Alie-Cox.

Potentially one of the deeper tight end rooms in the league, the problem for fantasy production may be that none of them will be viewed as head-and-shoulders better than the other two. A TE-by-committee rarely produces fantasy stars.

Fantasy football: Where to draft Indianapolis Colts QB Anthony Richardson

Analyzing Indianapolis Colts QB Anthony Richardson’s 2023 fantasy football ADP and where to target him in fantasy drafts.

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The Indianapolis Colts chose QB Anthony Richardson with the 4th overall pick in the 2023 NFL Draft, while the team signed a little insurance with veteran QB Gardner Minshew II.

Richardson had an impressive training camp and he wrapped up the preseason with a full half of action on Aug. 24 against the Philadelphia Eagles, completing 6-of-17 passes for 78 yards while also running for a game-high 38 yards. Initially, there was some suggestion by Indy brass that Minshew could potentially start early in the season, as Richardson was brought along slowly. However, that no longer appears to be the case.

Looking at the fantasy appeal of Richardson, I am not a huge fan of hitching my wagon to a rookie, especially at the quarterback spot. There are certainly exceptions to the rule, but first-year signal callers in the NFL come with a lot of growing pains.

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Anthony Richardson’s ADP: 75.39

(ADP data courtesy of MyFantasyLeague.com; last updated at time of this publishing – ADPs continually change as more drafts occur)

In redraft fantasy leagues with 12 teams, Richardson has been going off the board in Round 7 as a low-end QB1. The rookie seems to be getting a lot of love despite having yet to play a meaningful down in the NFL, ahead of several other veteran players who are tried and true fantasy options. It’s a little surprising, actually.

Richardson doesn’t exactly have a bevy of top-notch downfield threats, although WR Michael Pittman Jr. is certainly a player he’ll look to continue developing a nice rapport. TE Jelani Woods is another big body and safety valve in the short to intermediate routes, as well as a big-time red zone threat.

It remains to be seen what kind of run game the rookie will have at his disposal. RB Jonathan Taylor still has a horseshoe on the side of his helmet but has been granted permission to pursue a trade, so the run game is a bit uncertain at the moment. Journeyman RB Kenyan Drake could emerge as a useful option catching balls out of the backfield, even if Taylor ends up sticking around.

Among quarterbacks, Richardson’s ADP in redraft leagues is 11th, just behind the Cleveland Browns’ Deshaun Watson (70.71) and Dallas Cowboys’ Dak Prescott (74.12). Richardson’s ADP puts him just ahead of Minnesota Vikings QB Kirk Cousins (78.85), Miami Dolphins QB Tua Tagovailoa (80.01) and Seattle Seahawks QB Geno Smith (85.21).

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Anthony Richardson’s 2022 stats (Florida)

Games: 12

Passing yards: 2,549

Completions | attempts: 176 | 327

Passing touchdowns: 17

Interceptions: 9

Carries | rushing yards: 103 | 654

Rushing touchdowns: 9

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Where should you draft Richardson?

I am extremely bearish on the stock of the Florida Gators product. He is a dual-threat option who could potentially grow into a quality starting quarterback in the NFL. However, if you watched him at Gainesville, I am getting more of a QB Trey Lance vibe than a QB Jalen Hurts vibe from Richardson. I could end up being dead wrong.

Where Richardson is taken on draft day by fantasy managers depends upon the format. If you’re in a redraft league, I wouldn’t be one of the people taking him as a low-end QB1. I’d much prefer New York Jets QB Aaron Rodgers, who has done it for many seasons, or even Cousins or Tua, all of whom are being drafted after the Colts rookie.

In redraft formats, I’d probably want to wait until Round 8 or 9 to snag the rookie. In rookie-only drafts, Richardson has an ADP of just 5.52, making him the 1st QB taken off the board, a selection based largely on his potential upside.

In keeper leagues, taking Richardson late in Round 6 isn’t out of line, but again, make sure to have plenty of depth on hand.

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2023 NFL Draft: Day 1 fantasy football recap

Live blogging the impact of each fantasy-relevant pick from Round 1.

The 2023 NFL Draft is finally upon us, and prospects are now rookies with NFL cities to call home. Follow along for real-time analysis of the opening round’s impact on fantasy football plans for 2023.

Fantasy draft season may not be close to hitting its crescendo, but hardcore gamers have been selecting players prior to the conclusion of the collegiate bowl season. It’s time to let the real fun begin!

Also see: Day 2 | Day 3

Round 1 fantasy football reaction