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Insider: How Stephon Gilmore can transform the Colts into one of the NFL's elite defenses

Jim Irsay promised this would be an “All chips in” offseason. Chris Ballard stressed a little bit of patience and that he had a plan.

Those statements are aging quite well.

The Colts’ latest splash is their most aggressive yet, as they agreed to terms with five-time Pro Bowl cornerback Stephon Gilmore on Friday, a source confirmed to IndyStar. The deal is for two years and around $23 million with $14 million guaranteed. Indianapolis beat out suitors such as the Eagles, Bills and Rams for the 2019 Defensive Player of the Year.

Add that to trades for four-time Pro Bowl quarterback Matt Ryan and Pro Bowl pass rusher Yannick Ngakoue, plus the hire of longtime defensive coordinator Gus Bradley and his trademark Seattle-style scheme, and the Colts have pushed the chips in on a window that’s now open during the lifespan of their new quarterback.