General off-season news thread

[Ironshaft]

Originally Posted by AlwaysSunnyinIndy

Colts release backup QB Brian Hoyer per the team twitter account. There was money that would become guaranteed if he was still on the roster past tomorrow.

https://twitter.com/Colts/status/1241449671815561217

So, right now, Spotrac is carrying the Colts with $29.2m in free cap space. Add in Hoyer's $5m and that number is $34.2m. That number includes the draft class.

So, with some in season space needed, we probably have about $30m we could spend on free agents.

Could still sign a couple of "value" phase veteran free agents for that.