Richardson's early performances with Indianapolis have fallen short of expectations. As a rookie in 2023, he posted a 45.0 QBR in four starts, followed by a 47.4 QBR in 11 starts in 2024. He missed most of the 2025 season due to a fractured orbital bone sustained during pregame warmups.
The Colts are expected to sign Daniel Jones to a new contract soon, with Riley Leonard emerging as a backup option. Richardson, 24 and the 4th overall pick in the 2023 NFL Draft, carries a projected $10.8M cap hit next season, leaving the team with a significant decision to make on the quarterback's future.