The Indianapolis Colts have made significant moves during the first wave of NFL free agency, setting the stage for their future. The team signed ten free agents, including notable names like quarterback Daniel Jones and cornerback Charvarius Ward, aiming to bolster their roster. With $21.07 million in available cap space, they rank 21st in the league regarding spending capability.

While much of this cap space will be allocated to signing their upcoming draft class and maintaining reserves for in-season expenses, the Colts have restructured Braden Smith's contract to enhance their financial flexibility. The projected salary cap hits for the 2025 season for their new recruits have been detailed, showcasing a mix of short-term and long-term financial commitments.