What happened: Speculation is building around whether the Indianapolis Colts will trade running back Jonathan Taylor, who is entering the final year of his contract. Proposed return packages floated in the rumor mill have centered on a third-round pick. Taylor carried the offense at times early in 2025 before his production tailed off over the back half of the season.

Why it matters: Taylor is arguably the most productive player on the Colts' roster, and dealing him for a mid-round pick would be a steep discount on a back who showed he can shoulder a heavy load. The decision is complicated by Indianapolis' investment in Daniel Jones and others, and by the reality that running backs rarely command premium value at this stage of their careers. Moving him risks watching a key playmaker thrive elsewhere while the team tries to stay competitive in 2026.

What to watch: Watch whether the Colts pursue an extension or seriously shop Taylor as the 2026 season approaches, and whether any team meets a price Indianapolis considers satisfactory.