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If the Colts didn’t think a running back was worth the money … how did that change in the last three months?
The Colts approach just doesn’t make sense here.
By “shopping” Jonathan Taylor, the Colts essentially created a restricted free agent situation wherein they got to get direct references for JT’s market value based on what other teams would pay. Had the Colts gone into negotiations without wither side knowing what Miami (and possibly others) would pay JT, the Colts could’ve easily been put into a position where they would’ve had to either make him the highest paid RB or let him walk. Instead, he’s the 3rd highest paid RB.
By waiting until week 4 to make the offer, the Colts found out if the current team has potential or if it would have to be blown up. If the team was 0-4 at this point, I doubt that the Colts would’ve signed JT when they did. But the team has been promising enough for Irsay to know that he’ll probably not have to clean house at the end of the year.
By pulling from this year’s cap for JT’s guaranteed money, the Colts and JT are each coming out on top. That money was just burning a hole in The Colts’ pocket. It’s not like it would’ve been rolled over. Might as well use it to make a good, “home-grown” player happy.
Thank you for the insight.