It is officially the NFL offseason, as all 32 teams attempt to figure out how they can win Super Bowl 58. The offseason begins with NFL Free Agency and the 2023 NFL Draft, where teams will look to build a competitive roster. The Indianapolis Colts are a team that has a lot of moving parts and holes to fill in order to be competitive next season.
Below, we will take a look at the Indianapolis Colts’ free agents, the Colts’ draft picks and how much cap space they have heading into the 2023 NFL season.
When Does NFL Free Agency Start 2023?
Now that it is officially the offseason, many fans have the same question — when does NFL Free Agency start 2023? The 2023 NFL Free Agency period begins on Wednesday, March 15 at 4 p.m. ET. The “legal tampering period,” where teams can officially begin talking with players and negotiating terms, will begin two days prior.
NFL Offseason Schedule 2023
There are many important dates on the 2023 NFL offseason schedule. Here are the most important NFL offseason schedule dates to keep track of.
Feb. 21 — Franchise/transition tag window opens
Feb. 28 – March 6 — 2023 NFL Combine
March 7 — Franchise/transition tag deadline (4 p.m. ET)
March 7 — College Pro Days begin
March 13-15 — Legal tampering period opens
March 15 — New league year, 2023 NFL Free Agency begins (4 p.m. ET)
March 26-29 — NFL league meetings
April 17 — OTAs begin
April 27-29 — 2023 NFL Draft
May 1 — Fifth-year option deadline for 2020 NFL Draft picks
May 5-8 — Rookie minicamp
May 12-15 — Rookie minicamp
Mid-May — NFL schedule release
Mid-July — NFL franchise tag contract negotiation deadline
Indianapolis Colts Free Agents | 2023 NFL Free Agency
The following Indianapolis Colts free agents were recorded on Feb. 20.
PLAYER | POS | STATUS |
Yannick Ngakoue | DE | UFA |
Matt Pryor | OG | UFA |
Brandon Facyson | CB | UFA |
Tyquan Lewis | DE | UFA |
Ashton Dulin | WR | UFA |
Rodney McLeod | S | UFA |
Ben Banogu | DE | UFA |
Dennis Kelly | OT | UFA |
Parris Campbell | WR | UFA |
Armani Watts | S | UFA |
Matt Haack | P | UFA |
Tony Brown | CB | UFA |
Chase McLaughlin | K | UFA |
Bobby Okereke | LB | UFA |
Khalid Kareem | DE | RFA |
Byron Cowart | DT | UFA |
EJ Speed | LB | UFA |
Dakoda Shepley | OG | ERFA |
Indianapolis Colts Draft Picks | 2023 NFL Draft
The following Indianapolis Colts draft picks for the 2023 NFL Draft were taken from Tankathon, who also included projected compensatory picks.
ROUND | OVERALL |
1 | 4 |
2 | 36 |
3 | 80 |
4 | 107 |
5 | 141 |
5 | 165 |
7 | 224 |
7 | 239 |
Indianapolis Colts Cap Space 2023
The 2023 Indianapolis Colts cap space was taken from OverTheCap on Feb. 20. The total base 2023 NFL salary cap space is $224.8M.
Heading into the 2023 NFL offseason, the Indianapolis Colts’ cap space sits at $12,440,976. This ranks in the top half of the NFL, meaning they will have money to spend this NFL offseason. The Colts are a team that has talent, but they lack leadership and identity. However, the money should be useful in attracting receiving weapons, but the Colts have been unwilling to sign receivers in free agency.