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Philip Rivers Rumors: Colts Contract 'All but Done' for Ex-Chargers QB

Charlie Riedel/Associated Press

Veteran quarterback Philip Rivers' signing with the Indianapolis Colts in free agency is "all but done," an anonymous team source told Bleacher Report's Matt Miller on Tuesday morning.

NFL Network's Ian Rapoport reported Monday that the Colts "have had discussions" with Rivers, who is seen as "a clear target for Indy."

The Athletic's Stephen Holder reiterated that earlier Tuesday morning:

Stephen Holder @HolderStephen

Let me elaborate...Per sources, the Colts indeed continue talks w free agent QB Philip Rivers. No deal yet, but everything indicates he is their No.