The Colts and WR Alec Pierce have agreed to a four-year, $114 million deal with $84 million guaranteed, according to multiple reports. NFL Network's Ian Rapoport notes that it's the biggest deal ever given to a free-agent WR. Pierce's $28.5 million average annual salary makes him the league's 11th-highest-paid WR -- just behind Tee Higgins and right in front of Jaylen Waddle.

The Colts are expected to start QB Riley Leonard this Sunday against the Texans, according to multiple reports.

It's fun that the Colts almost upset the Seahawks in QB Philip Rivers' first game since 2020. But he certainly didn't boost the fantasy fortunes of anyone around him. Rivers completed a solid 18 of his 27 throws (66.7% completions) and found Josh Downs for an 8-yard TD. But he totaled just 120 yards (4.44 yards per attempt) and added an INT as well.

NFL Network's Ian Rapoport and ESPN's Adam Schefter report that Colts QB Philip Rivers will start Sunday's game vs. the Seahawks. It's been trending in this direction for the past few days. Rapoport adds that Rivers and QB Riley Leonard both got first-team reps in practice this week and both could play against Seattle. We imagine that'll only happen if Rivers struggles or gets hurt -- but either outcome is plenty possible. Rivers is 44 and hasn't played since 2020. Stay far away from this situation in Week 15 fantasy lineups. All of Indianapolis' skill-position players sit lower than usual in the Week 15 rankings.

ESPN's Stephen Holder believes the Colts are preparing to start QB Philip Rivers vs. the Seahawks on Sunday. "Two days in now, and my time in the building this week has left me only MORE convinced Philip Rivers is this week's starting quarterback," Holder wrote. "It isn't difficult to tell who a team is prepping to start. That player is Rivers. Period." It's not shocking that the Colts don't want to start sixth-round rookie QB Riley Leonard in Seattle. But they'll instead go with a 44-year-old who hasn't played since 2020 and joined the team just a few days ago. Rivers is at least comfortable in HC Shane Steichen's offense, but we don't imagine this going particularly well. Rivers isn't a viable starter in any fantasy format, and Colts pass catchers remain risky bets in Week 15 fantasy lineups.

ESPN's Adam Schefter confirms that Colts QB Daniel Jones needs surgery to repair a ruptured right Achilles. That ends Jones' season, puts his status for the start of the 2026 campaign in question, and leaves the Colts with a big problem at QB.

Colts QB Daniel Jones was added to the injury report and limited in practice on Thursday with a calf. "Sounds like the Colts are being cautious," NFL Network's Ian Rapoport tweeted. "Still worth keeping an eye on..." We'll certainly be keeping an eye on this one. With QB Anthony Richardson on IR, QB Riley Leonard is Indianapolis' backup. He'd be a huge downgrade for the offense.

Jonathan Taylor carried the Colts' offense in Berlin, but WR Alec Pierce had another solid day, leading Indy's receiving corps in targets (7), catches (4), yards (84), and securing QB Daniel Jones's only TD pass. Pierce, who leads the NFL with an average of 20.9 yards per catch, has now averaged 91.5 receiving yards over his last four outings.

Colts RB Jonathan Taylor had his worst fantasy output of the season with a 14-45-0 stat line on the ground and catching his only two targets for 12 yards. The Steelers' defense loaded the box, forcing QB Daniel Jones to beat them. The Colts leaned on the pass, throwing the ball 50 times.

Colts WR Josh Downs (hip) did not practice on Wednesday. It's a new injury for Downs, and we don't have any other details. We'll keep tabs on his status leading up to Sunday's game vs. the Steelers. Downs' absence would leave targets behind for WRs Michael Pittman and Alec Pierce and TE Tyler Warren.

Colts WR Michael Pittman Jr. grabbed 8 receptions or 95 yards and a TD in Sunday's win over the Titans. It marked the first time he has caught 7+ passes in consecutive games since 2023. Pittman's TD also gives him six for the season, matching his career high from 2021. Pittman now leads these Colts in targets and receptions by six apiece. He still trails TE Tyler Warren in receiving yards. But both sit well ahead of the rest of the crew in all three categories. Warren posted a 4-53 receiving line against the Titans on five targets, trailing Pittman's lead by four. WR Josh Downs went 3-39-1 receiving on three targets. WR Alec Pierce caught two balls for 69 yards among five targets.

Colts WR Alec Pierce led the team in targets and receiving yards in Sunday's win over the Chargers. His 10 targets edged WR Michael Pittman by one. Pierce caught five of those -- second on the team -- for 98 yards. That led the Colts by 29. A 48-yard reception made up nearly half of Pierce's total yardage.

Colts WR Alec Pierce (concussion) put in a full week of practice and isn’t listed on the final injury report. He’ll step back in as Indianapolis’ No. 2 WR against the Cardinals on Sunday. Pierce checks in 54th in the Week 6 WR rankings.

Colts WR Alec Pierce (concussion) was a full participant in Wednesday's practice. He practiced early last week but was sidelined on Friday and ruled out for the Raiders game. Pierce should be back for Sunday's game against the Cardinals and step back in as Indianapolis' No. 2 WR. He averaged 3.0 catches and 57 yards over the first three games of the season.

Colts WR Alec Pierce (concussion) is out for Sunday's game vs. the Raiders. He put in full practices on Wednesday and Thursday but was sidelined on Friday, so this looks like a setback. We'll see if Pierce can make it back for Week 6. WR Adonai Mitchell replaced Pierce as a full-time player last week, catching 3 of 4 targets for 96 yards. But he made two huge mistakes, so it's possible that the Colts scale back his role in this one.

Colts WR Michael Pittman was added to the injury report and limited in practice on Thursday with a hamstring. That likely means he hurt the hammy today -- and puts his status for Sunday's game vs. the Raiders in question. Indianapolis is getting WR Alec Pierce back from his concussion this week. Pittman would typically be replaced by WR Adonai Mitchell, but Mitchell gave up the ball at the goal line and committed a costly holding penalty last week. It's unclear if the Colts would go back to him in a full-time role. The other options would be WR Ashton Dulin -- or using WR Josh Downs in 2-WR sets. We'll update Pittman's status tomorrow.

Colts WR Alec Pierce (concussion) was a full participant in Wednesday's practice. He's on track to return for this weekend's game vs. the Raiders and should step back into a full-time role after WR Adonai Mitchell's mistake-filled Week 4.

Colts WR Alec Pierce (concussion) is out for Sunday’s game vs. the Rams. That should mean a big boost in snaps for WR Adonai Mitchell, who flashed as a rookie last year and had a strong training camp this summer. Mitchell would be a desperation play in season-long leagues, but he’s intriguing for daily lineups.

Colts WR Alec Pierce (concussion) did not practice on Wednesday. He's unlikely to be cleared from this concussion -- the third of his career -- in time for this weekend's game vs. the Rams. Pierce's absence would likely vault WR Adonai Mitchell into a full-time role.