According to NFL Network's Tom Pelissero and Ian Rapoport, the Colts have signed cornerback Stephon Gilmore to a two-year deal. A source tells Pelissero the deal is valued roughly $23 million.
Owner Jim Irsay hinted to a big deal coming for a squad that sees itself as a Super Bowl contender behind rookie quarterback Matt Ryan.
When healthy, Gilmore is a five-time Pro Bowler. Gilmore left Buffalo after five seasons to join Bill Belichick's secondary in 2017.
However, a quad injury and a contract issue forced his departure in 2021. To Carolina in early October, he played eight games.
A drop in coverage since Gilmore's DPOY season in 2019. He had a 49.0 completion percentage, one touchdown, six interceptions, and a 47.4 passer rating in 2019.
He allowed a 65.6 completion %, four TDs and three interceptions in 2020-21.
Despite his age, the 31-year-old is a huge upgrade for the Colts. With dynamic slot corner Kenny Moore, Gilmore can match up with outside receivers.
In 2021, the Colts allowed 32 pass TDs (2nd in NFL) and 234.1 pass YPG (19th). A resurrected Gilmore may help plug the hole.
It's the Colts' latest attempt to improve a team that missed the playoffs last year. While the offense got a new quarterback in Ryan, most of GM Chris Ballard's effort has been on defense.
He signed corner Brandon Facyson, safeties Rodney McLeod and Armani Watts, and linebacker Brandon King.
Irsay vowed substantial changes after the 2021 season. After a few months, Indy has the big movements.