What happened: Colts WR Alec Pierce opened training camp on the Active/Physically Unable to Perform list following ankle surgery. Active/PUP players may return during the preseason, but remaining there after the roster cut would mean missing at least four games.

Why it matters: Pierce reached 1,003 receiving yards while leading NFL qualifiers with 21.3 yards per catch in 2025. That rare downfield efficiency carries more weight than a cautious July rehabilitation timeline.