Indianapolis Colts: 3 free agents Indy should regret passing on

2. Will Fuller

The Colts need a deep threat WR and still let Will Fuller sign elsewhere.

As we noted earlier, Ballard’s disciplined approach to free agency means he’ll almost never overspend for a player. That, in turn, suggests the Colts will likely never have a debilitating contract on their payroll for as long as he’s pulling the general manager strings.

However, it became evident early on in free agency that wide receivers were finding it impossible to land lucrative deals, meaning players who were previously perceived to be out of the Colts’ price range were now readily available for the taking.

Instead of taking advantage of the slow-moving market, Ballard insisted on remaining patient and now wide receiver remains a pressing need for Indy. To make matters worse, the pool of available players has dried up significantly in recent days.

In our eyes, no signing hurt more than watching Will Fuller land a bargain one-year, $10 million contract with the Dolphins. Though he’ll no longer terrorize the Colts twice a year in Houston, to think he could’ve been Indy’s for a lowly $10 million is infuriating when you consider how much cap space they have at their disposal.

Fuller missed the final five games of 2020 after being dealt a six-game suspension for violating the league’s performance-enhancing drug policy, and still managed to compile career-highs in catches (53), receiving yards (879), yards per catch (16.6) and touchdowns (eight).

The Colts desperately need to add a deep threat to their passing game, and Fuller is virtually unstoppable once he kicks it into high gear. There’s still time for them to add a speedy receiver, but nobody would have changed the complexion of their offense like the former No. 21 overall pick. That makes him a huge whiff by Indianapolis.