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Johnathan Hankins Released by Colts After Year 1 of $27M Contract

The Indianapolis Colts announced the release of defensive tackle Johnathan Hankins on Saturday.

Indy signed Hankins to a three-year, $27 million contract last offseason. It will save more than $8.5 million against the cap with no dead money after cutting ties with him, per Spotrac.

The 320-pound Hankins excelled as a nose tackle in the Colts' 3-4 defense last season, registering 44 combined tackles, two sacks and three passes defended.

With the Colts transitioning to a 4-3 under new head coach Frank Reich and defensive coordinator Matt Eberflus, however, Hankins no longer fit their scheme.