Richardson's performance with the Colts hasn't met expectations. 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. He missed most of the 2025 season due to a fractured orbital bone sustained during pregame warmups.
With the Colts expected to sign Daniel Jones to a contract extension and Riley Leonard showing promise as a backup, the 24-year-old former 4th overall pick faces an uncertain future in Indianapolis and a projected $10.8M cap hit next season.