Richardson, the No. 4 pick in the 2023 NFL draft, struggled with injuries and performance during his time with the Colts. He started just four games as a rookie before a shoulder injury required surgery, then started 11 games in 2024 but was benched at times, finishing with a 47.7% completion rate.
With Jones now entrenched as the team's starting quarterback for 2026 and beyond, the Colts have allowed Richardson to explore trade options. Despite his struggles, the 23-year-old still possesses potential and could attract interest from teams in need of quarterback help.