The Colts have made a number of significant additions this offseason, but wide receiver remains a weak spot on their roster. The team has acknowledged the lack of established options at the position, but remains optimistic, as noted by ESPN’s Mike Wells. 
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At the moment, Michael Pittman Jr. is the only starting wideout set to return from the 2021 team. Zach Pascal signed with the Eagles earlier this offseason, and veteran T.Y. Hilton is still a free agent. Of the remaining options, Parris Campbell has shown the most potential, but injuries have been an issue in each of his three seasons. Still, Wells notes, the Colts “aren’t panicking over their current receiving situation”.
Owner Jim Irsay said last month, “Do we need to add [receivers]? Yes. I’m not going to sit here and say we don’t. But we have some young players that we like.” Head coach Frank Reich has echoed that sentiment, saying “I happen to have a lot of belief in the young guys”.
While more targets are likely for Campbell and pass-catching back Nyheim Hines, the team could still add at the position. The free agent market still includes the likes of Hilton, but also Julio Jones, Jarvis Landry and Will Fuller. However, Irsay recently said, “You’re looking for a real specific talent at this point, and it doesn’t appear to be out there”.
As for the draft, Indianapolis doesn’t own a first-round pick as a result of last year’s Carson Wentz trade. Their top selection is presently No. 42, which should still put them within range of some of the second- and third-tier receiver prospects in what is generally viewed as a deep class at the position. In one form or another, at least one significant addition is expected between now and the beginning of the 2022 season.