Shrader would start in the Colts' Week 1 matchup against Houston last season while Gay was sidelined with an injury. But once healthy, Shrader was then on and off the Colts practice squad for the first half of last season before landing in Kansas City and then with the New York Jets in the latter portion of the year.

The Indianapolis Colts made a shocking roster move on Thursday by moving on from a two-year starter. The team announced they have released kicker Matt

He had two years remaining on his $22.5 million contract and while the move will save the Colts $2.75 million on this year's salary cap, Indy already was below the cap figure. The bigger problem was Gay not meeting the lofty expectations after making more than 98% of his field goals in 2021-22 when he played for Los Angeles Rams.