QB Anthony Richardson and Colts agree to a 4-year – $34M contract

QB Anthony Richardson and Colts agree to a 4-year – $34M contract

24 July, 2023

Indianapolis, Ind. The Indianapolis Colts and quarterback Anthony Richardson, who was selected fourth overall in the NFL Draft, reached an agreement on a four-year, $34 million contract on Monday.

One of the few first-round picks still unsigned as training camps started or were about to start was Richardson.

The Colts rely on the former Florida standout to bring some long-term steadiness to the most crucial position in the game. They selected Richardson third overall, behind C.J. Stroud and Heisman Trophy winner Bryce Young, and ahead of Will Levis of Kentucky.

QB Anthony Richardson is taken by the Colts at pick No. 4 in the NFL draft. The 6-foot-4, 232-pound Richardson recorded the greatest 40-yard sprint speed (4.43 seconds) among the 15 quarterbacks at the NFL combine, as well as the best vertical jump (40 1/2 inches) and broad jump (10 feet, 9 inches).

For the Colts, who went 4-12-1 last season with three different starters, he was a no-brainer. The matter at hand is when Richardson will take over. During training camp and the preseason, a team that has used six different starting in as many seasons will decide between Richardson and veteran Gardner Minshew.

The Colts are certain Richardson can assist them in reestablishing themselves as postseason contenders, possibly sooner than most people think. Additionally, they are hopeful he can provide the long-term solution the team has been searching for ever since Andrew Luck’s unexpected retirement in 2019.

In college, Richardson only made 13 starts and completed 53.8% of his passes in 2022.