“The Colts had an offer for DT Grover Stewart last week involving a 4th-round pick and another late-round pick, but waited on it and it was ultimately pulled,” NFL insider Jordan Schultz reported. “Indy keeps Stewart, who will be a free agent in March.”
According to one report, the Colts first had a chance to move Stewart for a fifth-round pick, the offer was then bumped up to a fourth plus a late-rounder, and every offer was pulled as Indianapolis held out for more.
Colts Overplayed Their Hand
The Colts had set a clear price going into deadline week. ESPN’s Jeremy Fowler reported they wanted a fourth-round pick for Stewart, and they eventually had that and more on the table.
Schultz didn’t identify the team that made the offer, but it's out there that it was supposedly the Packers.
Sources: The #Colts had an offer for DT Grover Stewart last week involving a 4th-round pick and another late-round pick, but waited on it and it was ultimately pulled. Indy keeps Stewart, who will be a free agent in March. https://t.co/PUKK9xZA0L
— Jordan Schultz (@Schultz_Report) November 10, 2026
It’s a costly miss given Stewart’s contract. The 33-year-old is in the final year of the three-year, $39 million extension he signed in 2024, so he can walk in free agency in March and leave Indianapolis with nothing for him.
Stewart has spent his whole career with the Colts since they drafted him in the fourth round in 2017 out of Albany State. He has 28 tackles, two tackles for loss, half a sack and a pass defensed in nine games this season.
Rest Of The Colts’ Fire Sale
Stewart wasn’t the only time the Colts held out for more and came up short. They also kept Jonathan Taylor, and the Giants pulled their second-round offer for him while Indianapolis was still weighing it.
Indianapolis did make moves elsewhere at 2-7. The Colts sent receiver Josh Downs to Kansas City for fourth- and fifth-round picks, with a seventh coming back, and traded receiver Keenan Allen to San Francisco for a Day 3 pick.
The Packers were the team that had the 4th round pick offer for Colts DT Grover Stewart (that @Schultz_Report reported), per sources. Green Bay pulled that offer, after Indy wanted to wait for closer to the deadline. https://t.co/xyXArrniVX
— Easton Butler (@Easton__Butler) November 10, 2026
That Downs deal followed the same pattern. ESPN’s Jeremy Fowler reported the Colts had a fourth-round offer on the table “for a while” but held out for third-round value, which they didn’t get.
Earlier, Indianapolis also traded defensive tackle DeForest Buckner to the 49ers and guard Quenton Nelson to the Seahawks, while recently extending young defensive tackle Adetomiwa Adebawore.
Stewart stays in Indianapolis for the rest of the season and heads into March as a pending free agent.
