Colts: Quenton Nelson contract extension coming after 5th-year option exercised?

INDIANAPOLIS, IN - SEPTEMBER 22: Quenton Nelson #56 of the Indianapolis Colts takes the field before the start of the game against the Atlanta Falcons at Lucas Oil Stadium on September 22, 2019 in Indianapolis, Indiana. (Photo by Bobby Ellis/Getty Images)

Indianapolis Colts fans have done a lot of waiting this offseason.

They waited for the team to find a new quarterback. They waited for the team to spend in free agency and/or make trades.

They’ve been waiting for the draft to see how general manager Chris Ballard is going to address various vacancies.

But perhaps most of all, they’ve been waiting for contract extensions for their best players. Isn’t that where all the cap space was supposed to…