The Colts were actually over the cap to begin this season. The Colts and Ryan Kelly agreed to a salary restructure to gain a little cap space.
https://twitter.com/FieldYates/statu...70304057315328
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Teams getting books in order for the season:
The Colts converted $9M of C Ryan Kelly's salary into a signing bonus, creating $6.75M in cap space.
The Raiders converted $12M of DE Yannick Ngakoue's salary into a signing bonus (& added 3 void years), creating $9.6M of cap space.
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https://twitter.com/ColtscapKyle/sta...84658723065867
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After the Ryan Kelly restructure the Colts have right about $3 million in cap space, which should be just enough to navigate the season.
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