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Colts’ Salary Cap Update

The Colts signed left tackle Eric Fisher to a one year deal worth 9.4M, and while it fills a need, it does make the Colts’ cap situation a little tighter than you might think. Here’s the breakdown.

Colts Cap Space before Fisher Signing (according to the NFLPA public report): 21.3M

Colts Cap Space after draft class is signed (only accounting for players whose cap hits will be in the top 51): 17.8M

Colts Cap Space after Fisher Signing (cap hit of 9.4M): 8.4M

If you use up 2M for in-season transactions, that leaves the Colts with 6.