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Source: Safety Julian Blackmon re-signing with Colts

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.