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

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

The 2023 No. 4 overall pick lost his starting job to Daniel Jones last offseason after injuries and a benching

Indianapolis Colts quarterback Anthony Richardson Sr. warms up before a preseason game against the Baltimore Ravens at M&T Bank Stadium in Baltimore, Md., on Aug. 7, 2025. (Perry Knotts/Getty Images)

Indianapolis Colts quarterback Daniel Jones runs off the field after a game against the Los Angeles Chargers at SoFi Stadium in Inglewood, Calif., on Oct. 19, 2025. (Jayne Kamin-Oncea/Imagn Images)

Indianapolis Colts quarterback Anthony Richardson warms up before a game against the Miami Dolphins at Lucas Oil Stadium on Sept. 7, 2025. (Trevor Ruszkowski/Imagn Images)

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