The Indianapolis Colts released Matt Gay on Thursday, a surprising move that came just two years after he became the NFL’s highest-paid kicker.
He had two years remaining on his $22.5 million contract and while the move will save the Colts $2.75 million on this year’s salary cap, Indy already was below the cap figure.
The bigger problem was Gay not meeting the lofty expectations after making more than 98% of his field goals in 2021-22 when he played for Los Angeles Rams.
He battled injuries throughout his Indy tenure but in the Colts’ retractable roof dome, Gay made 83.