Indianapolis Colts Release 15-Year Veteran Quarterback

The Indianapolis Colts have made the decision to release quarterback Matt Ryan, saving over $17 million in cap space.

We have released QB Matt Ryan.

— Indianapolis Colts (@Colts) March 15, 2023

Ryan, who was benched twice during his first and only season with the team, struggled to perform up to expectations, completing 67% of his passes for 3,057 yards, 14 touchdowns, and 13 interceptions in 12 starts.

While the Colts' offensive line also experienced a decline in performance, Ryan's lack of mobility and inability to evade the pass rush compounded the team's struggles. 

Colts to release QB Matt Ryan. (via @RapSheet) pic.twitter.com/vlEldFpFHY

— NFL (@NFL) March 14, 2023

Although Ryan is a four-time Pro Bowler, his lackluster performance in 2022 may make it difficult for him to find a new team, especially as he approaches 38 years old.

The release of Ryan leaves the Colts without a clear starting quarterback for the 2023 season, and it remains to be seen who will step up to fill the role, but the team is likely to take a QB with their first-round pick in this year's draft. Photo Credit:  Jenna Watson/IndyStar / USA TODAY NETWORK