Anthony Richardson lost out to Daniel Jones in the Colts’ quarterback competition this summer, but he is still in the team’s plans for at least the time being. General manager Chris Ballard made it clear on Wednesday no Richardson trade is being considered at this time. 
“I know the negativity and it’s easy to say, okay, he’s done,” Ballard said of the 2023 No. 4 pick (via the team’s website). “And I don’t agree — I’ve said this numerous times — I do not agree with that. I’m proud of Anthony, of where he’s at, how far he’s come. He’s come miles… And there’s a lot of value in sitting behind a guy that’s a professional and watching and learning and growing and working on the things you need to work on without the same pressure of being the starter.”
Richardson played just four games as a rookie before undergoing season-ending shoulder surgery. The 23-year-old struggled when healthy last year, and at times he was benched in favor of backup Joe Flacco. Indianapolis prioritized adding a veteran signal-caller this offseason, and Jones departed Minnesota knowing a starting gig would be on offer. The former Giant (added on a one-year pact including over $13MM guaranteed) will look to offer stability under center in contrast to Richardson’s inconsistent showings – which, to date, have not been enough to end his Indianapolis tenure.
“There’s examples of guys that have had rough starts to their careers and have absolutely bounced back and had good careers,” Ballard added. “And there’s examples of guys who’ve been benched who come back and play.”
After Richardson completed just 47.7% of his passes and threw more interceptions (12) than touchdowns (eight), any trade undertaken at this point would contain little in the way of value coming back to the Colts. The Florida product has demonstrated his rushing upside when on the field, but that alone would not entice much in the way of attractive offers from suitors.
After this season, a decision will need to be made on Richardson’s 2027 fifth-year option. It is on track to be declined at this point, something which would point further to an Indianapolis departure being likely. For now, though, the Colts are in position to keep him in the fold.