Per Chappell, Colts general manager Chris Ballard said on Saturday that he “hadn’t given too much thought” to the fifth-year option that would have paid Richardson $22.483 million in 2027. Apparently, Ballard didn’t need long to pass on an extra year with Richardson. The 23-year-old quarterback received permission from the team to seek a trade, and as of Sunday, the Colts had not received any inquiries. Releasing Richardson at some point currently seems to be the most likely outcome for Indianapolis. The deadline to exercise team options for the 2023 rookie class is tomorrow.