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NFL Indianapolis Colts

The 5 Biggest Free Agency Rumors Surrounding the Indianapolis Colts

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The 5 Biggest Free Agency Rumors Surrounding the Indianapolis Colts

Chuck Pagano, Indianapolis Colts, Free Agency
Kirby Lee-USA TODAY Sports

The NFL’s free agency period will get underway on Tuesday, Mar. 11, and each team is beginning to set their wish-list of players. Each team approaches free agency a little bit differently. A team that feels they are one player away from a Super Bowl might focus on and overpay that player. A team that needs to fill multiple holes will have to spend more wisely. The Indianapolis Colts are one of the rare teams that can take either approach.

In 2013, the Colts reached the divisional round of the AFC playoffs before losing to the New England Patriots. Indianapolis is a team on the rise. They have a great coaching staff and one of the best young QBs in the league. They will head into free agency with around $41 million to spend, and they can use that money a few different ways.

The Colts could use their surplus for a couple of high priced players at positions of need that might put them over the top. They could also spread the money around and add multiple players.

Another option that Indianapolis could choose is to spend the money on their current players. Andrew Luck, T.Y. Hilton and LaRon Laundry are a few of the young players who will be looking for big paydays in the next couple of years. The Colts could get a head start by giving them contract extensions now.

Predicting how free agency will play out is almost impossible, and we will have to wait to see how all the dominoes fall. In the meantime, we can have fun discussing all the free agency rumors. With that in mind, let’s take a look at the five biggest free agent rumors surrounding the Indianapolis Colts.

Jeremy Martin is a Dallas Cowboys writer for RantSports.com. Follow him on twitter @Jmartin1982Like him on facebook or add him to your network on Google

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5. Sign Jason Hatcher

Jason Hatcher, Free Agent
Brad Penner-USA TODAY Sports

Jason Hatcher is coming off a career season for the Dallas Cowboys, but given his age and the salary cap issues it is doubtful that the Cowboys will be able to re-sign him. Hatcher could be costly, but he would be a great fit with the Colts defense and would be worth the money if he helped Indianapolis reach the Super Bowl.

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4. Sign Jonathan Martin

Jonathan Martin, Free Agent
Robert Mayer-USA TODAY Sports

Jonathon Martin had a difficult and controversial 2013 season with the Miami Dolphins. He left Miami in the middle of the season after claiming he was bullied by teammate Richie Incognito. Some teams will be hesitant to bring in Martin after the fiasco in Miami. However, Andrew Luck has stated that he is in support of the Colts talking to Martin. Having the franchise QB’s endorsement speaks volumes.

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3. Sign Michael Bennett

Michael Bennett, Free Agent
Jim O'Connor-USA TODAY Sports

Michael Bennett was hoping to get a huge contract in 2013, but when that didn’t happen, he settled for a one-year deal with the Seattle Seahawks. The deal worked out for both parties as Bennett had a huge year with 8.5 sacks and Seattle won the Super Bowl. If the Colts want to pay the price for Bennett, it would massively upgrade their defensive line.

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2. Sign Jairus Byrd

Jairus Byrd, Free Agent
Kirby Lee-USA TODAY Sports

Jairus Byrd is a top-five safety in the NFL, and the Buffalo Bills desperately want to keep him. The problem is, they are not close on an agreement and Byrd will likely hit the open market next week. I’m not sure if the Colts will be willing to pay the amount that Byrd wants, but the secondary was one of the weaker groups on their roster last season. Byrd would help change that.

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1. Sign Eric Decker

Eric Decker, Free Agent
Ron Chenoy-USA TODAY Sports

The Colts have a great young QB in Andrew Luck. They have a great veteran WR in Reggie Wayne and a great young WR in T.Y. Hilton. Adding a dynamic WR like Eric Decker might be called “an abundance of riches," but the interest between Decker and the Colts is reportedly mutual. Adding Decker would not only improve their own team, but it would take a weapon away from the Denver Broncos, the reigning AFC Champs.