Source: Safety Julian Blackmon re-signing with Colts

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INDIANAPOLIS - Versatile safety Julian Blackmon has re-signed with the Colts on a one-year contract, a source confirmed to ESPN.

Blackmon had been seeking a multiyear deal but was a victim of poor timing given the multiple recent cuts of veteran safeties around the NFL. Rather than re-sign with the Colts early on, as many of the team's in-house free agents did, Blackmon instead tested the market in search of a better deal.

But after visiting with the Buffalo Bills and San Francisco 49ers, Blackmon returns home to Indianapolis. The Colts had been looking to bolster their young secondary, which struggled after Blackmon sustained a season-ending injury late last…