Spencer Shrader

Colts signed K Spencer Shrader, formerly of the Chiefs, to a two-year contract.

Shrader joined the Colts as an undrafted free agent rookie last year before briefly spending time on both the Jets and Chiefs’ rosters. A right-leg hamstring strain sidelined him at the end of the season but, on the season, he converted 5-of-5 field goals and 9-of-9 extra points. The Athletic’s James Boyd notes that incumbent K Matt Gay remains on the roster, and that the signing was done “to promote more competition throughout the roster.” The team can save $4 million by cutting Gay after June 1st.