The Indianapolis Colts are giving cornerback Stephon Gilmore a two-year, $23 million contract that includes $14 million guaranteed, a source told ESPN's Adam Schefter.
Gilmore becomes the second veteran addition to the Colts' secondary this week, after Indianapolis signed safety Rodney McLeod on Thursday.
Gilmore played the 2021 season with the Carolina Panthers, who traded a 2023 third-round pick to the New England Patriots in October. The Panthers added the 2019 NFL Defensive Player of the Year in hopes that he could replace first-round pick Jaycee Horn, who suffered a season-ending foot injury in Week 3 at the Houston Texans.