Eric Ebron was a really good signing in 2018. He made the Pro Bowl and was an excellent red zone threat, catching 13 touchdowns. But as good as he was in 2018, he was that bad in 2019. He only caught 3 touchdowns in 11 games, and ended on bad terms with the team.
With Ebron moving on, the Colts are in need of another tight end. They could always draft one, but they might go back to the free agent market to get this hole filled. Hunter Henry would be a great low-risk high-reward option if they can get him on a friendly contract.