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Insider: Even with Jim Irsay's blessing, Chris Ballard backs off in free agency

Indianapolis Colts owner Jim Irsay weighs the state of his franchise heading into 2019. Indianapolis Star

PHOENIX – If you under the impression the Indianapolis Colts have been oddly quiet thus far in free agency, particularly considering the sizable stack of salary cap space still at their disposal, Chris Ballard has something to say about that.

“The first two days of free agency is not the only time you can make your team better,” the Colts’ general manager stressed this week from the league owner meetings in Arizona. “I think history has shown that. All you have to do is look at history, and it tells you that during those two days there is no guarantee you’re going to be the Super Bowl winner the next year if you just go spend umpteen amount of money on the best players in the market.