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Indianapolis Colts: 3 free agent overpays Indy thankfully missed out on

INGLEWOOD, CALIFORNIA - DECEMBER 13: Rayshawn Jenkins #23 of the Los Angeles Chargers (Photo by Sean M. Haffey/Getty Images)

The Indianapolis Colts’ reluctance to spend a ton of money in free agency can be looked at in one of two ways.

While the Colts aren’t bringing in a ton of difference-makers this offseason, Chris Ballard is also avoiding the common trap of paying way too much for a player that isn’t nearly as valuable as his contract states.

The Colts could use a young safety to replace Malik Hooker, a pass rusher that could help alleviate the concerns surrounding the lack of Justin Houston, and a true No.