Joe Flacco

Colts signed QB Joe Flacco to a one-year, $8.7 million contract.

The Colts were in need of a viable backup quarterback following the departure of Gardner Minshew, landing on the veteran Joe Flacco. $4.5 million of the $8.7 million contract is guaranteed. Flacco could be charged with a starting role early in the season pending the rehab of second-year quarterback Anthony Richardson, but it is likely Flacco will occupy a backup role for most of the season. Even so, recent history has proven the need for a proficient backup quarterback at the NFL level and Flacco also brings the veteran presence to aid in the development of Richardson along the way.