The Indianapolis Colts rejected an initial offer from the Miami Dolphins for running back Jonathan Taylor, the Miami Herald's Barry Jackson reported.
The Dolphins continue to "engage the Colts in negotiations" for Taylor, while the Denver Broncos and Chicago Bears are also reportedly interested in the running back, Jackson said.
According to Jackson, the Colts want "a first-round pick or something comparable in value" in return for Taylor.
NFL teams are required to get their rosters under the 53-man regular-season limit by Tuesday. According to ESPN's Stephen Holder, that's also the deadline the Colts gave Taylor to find a "suitable" trade partner.