According to ESPN NFL Reporter Field Yates, the Indianapolis Colts still have the 5th most remaining cap space of all NFL teams.
Specifically, the Colts still have $30.7 million in cap space despite having signed the likes of Jabaal Sheard, John Simon, and 8 other outside free agents:
That being said, just because the Colts have the cap space to burn, doesn’t mean new general manager Chris Ballard should actually use all of it.
It’s worth noting that the Colts still have a draft class to sign and long-term contracts to think about for young building blocks such as offensive guard Jack Mewhort and wide receiver Donte Moncrief next offseason respectively.