The fourth overall pick in the 2023 draft is in danger of landing third on the Indianapolis depth chart.

Although the widespread social-media buzz that quarterback Anthony Richardson Sr. already has been demoted to No. 3 behind Daniel Jones and Riley Leonard may be premature , at a minimum he’s still competing with Leonard for the QB2 slot.

An offseason effort by Richardson and the Colts to find a trade partner went nowhere. With his 2026 compensation ($5.385 million) fully guaranteed, the Colts have no reason to cut him, since they’ll still be paying him. (At most, they’d save $1.145 million if/when he signs elsewhere for the fourth-year…

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