Indianapolis Colts: 3 free agent overpays Indy thankfully missed out on
No. 1: Kenny Golladay, New York Giants (4 years, $72 million)
Golladay once led the league in touchdowns with the Lions, but he was not a sure-fire bet to receive a huge multi-year deal this offseason. Golladay’s inability to stay on the field has been the biggest mark against him, as he played in just a handful of games last season.
Without question, Golladay is one of the best vertical threats and red zone studs in the game, and the Giants should be commended for getting Daniel Jones a massive upgrade at that position. However, they made him the seventh highest-paid receiver in football, ahead of names like Tyreek Hill, Mike Evans, and Davante Adams.
Colts target Kenny Golladay is not worth that money.
Ballard has been very stingy about choosing to give out multi-year contracts, and Golladay apparently didn’t check most of those boxes. Given that he has rarely found himself in the elite wide receiver tier, making him one of the most well-compensated players in the game at his position is a very risky proposition.
The Colts appear to be more than content riding out with Michael Pittman Jr. and TY Hilton as their top two receivers, and they’re certainly a more economical combination than Golladay. Tying up that much money into one receiver would go against how Ballard builds a team, and he was right to stay away.