The Colts made their choice at wide receiver.
After re-signing Alec Pierce for $116 million, Indianapolis traded Michael Pittman to the Steelers in a swap of late-round picks, according to ESPN.
Pittman had one year remaining on the three-year, $70 million extension he signed with the Colts with a cap hit of $24 million, but he will sign a three-year, $59 million deal with Pittsburgh, per NFL Network.
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The Colts had some tough calls to make on offense this offseason, particularly among its receivers, and Pittman is the odd man out.
The team first used the transition tag on Daniel Jones for $37.8 million, and the sides could eventually negotiate a long-term contract.
Pierce seemed poised to cash in during free agency due to the lack of available options, and plenty of reports indicated he would be headed elsewhere.
The Colts instead kept him with a four-year, $116 million contract that made him the highest-paid free agent receiver in NFL history, according to NFL Network.
With Jones, Pierce and star running back Jonathan Taylor already taking up consider cap space, the Colts opted to free up some room by moving Pittman.
Pittman, 28, had not been as effective for the team the last two years after a three-year stretch from 2021-23 in which he tallied 3,159 receiving yards and 14 receiving touchdowns.
He had just 808 receiving yards and three receiving touchdowns in 2024 and then notched 784 receiving yards and seven touchdowns this past season.
Pierce passed him on the depth chart, along with rookie phenom tight end Tyler Warren.
He concluded his Colts tenure with 485 catches for 5,254 yards and 25 receiving touchdowns across six season after being selected in the second round of the 2020 NFL Draft.
Pittman will complement DK Metcalf in Pittsburgh’s offense, but there is still uncertainty about who will be throwing the ball to the pair.
Aaron Rodgers could be the answer, but he said last week that he had not received a contract offer yet.
