Richardson's performance with the Colts has been inconsistent since being selected 4th overall in the 2023 NFL Draft. 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. Last season, he missed most of the year after being benched in favor of Daniel Jones and suffering a fractured orbital bone during pregame warmups.
The Colts are expected to sign Jones to a contract extension, leaving Richardson's future uncertain with the team. At 24 years old and with a projected $10.8M cap hit for next season, the Colts face a difficult decision on the former first-round pick who initially showed promise early in his career.