Richardson's performance with Indianapolis has 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 during the 2024 season. He missed most of last season due to a fractured orbital bone sustained during pregame warmups.
With Shane Steichen's offense not developing as anticipated, and the Colts expected to sign Daniel Jones to a contract extension, Richardson's future with the team is uncertain. The 24-year-old former 4th overall pick carries a projected $10.8M cap hit next season.