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    Steichen: Still no timetable for Pierce’s return

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    IND Wide Receiver #14
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    Colts coach Shane Steichen said there remains no timetable for Alec Pierce’s (left ankle surgery) return.

    “No, not right now,” was Steichen’s response when asked if there was a timeline. “His rehab’s going great, I’ll say that. ... I don’t have the timetable on his return, but he’s doing a hell of a job in his rehab process.” “No timeline” might be a bit disingenuous, but probably no more so than when GM Chris Ballard said nine days ago Pierce was a “week or two” from returning. The Colts’ brain trust is being intentionally vague, but we still haven’t seen anything to suggest Week 1 is off the table. On the other hand, we’ve seen nothing to suggest it is assured. Pierce’s status is genuinely up in the air, making him a high-risk WR3 in August fantasy drafts.
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  • IND Wide Receiver #14
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    Pierce said the Colts have been doing a good job of preparing him to play even while sidelined, and with 16 days to go before the Colts host the Ravens in Week 1, it’s not inconceivable that he could be ready in time for the season opener. The Colts will continue to ramp Pierce up in the coming weeks, making his status one to monitor, especially when teams begin releasing official injury reports ahead of game day. If he is able to play, fantasy managers should view Pierce as anything more than a boom/bust WR3 until we see how he looks on the field.
  • IND Wide Receiver #14
    Pierce has been on the PUP list throughout training camp as he recovers from offseason ankle surgery. Head coach Shane Steichen said earlier this week that he expects Pierce to return to practice in the coming days. Pierce was spotted getting some individual work in today. Coming off the PUP list means Pierce shouldn’t miss four games to start the season, but it doesn’t guarantee that he is ready for the season opener. His health will be one of the biggest storylines to monitor for the Colts’ offense over the next two weeks.
  • IND Wide Receiver #14
    Pierce, who’s been sidelined since undergoing ankle surgery in the spring following the signing of his contract extension with the Colts, will practice this week barring any setbacks, Steichen said. It’s good news for Pierce’s Week 1 availability after the team’s de facto WR1 missed training camp while recovering from the ankle issue. Pierce is expected to see more intermediate targets this season after operating strictly as a field stretcher over the past few seasons. Pierce in 2025 led the league in air yards per game; his 44 percent air yards share ranked fourth among receivers. Pierce profiles as a somewhat sneaky fantasy selection after his ADP has steadily sunk over the past month.
  • IND Wide Receiver #14
    According to The Athletic’s James Boyd, this means Pierce will miss the entirety of the Colts’ training camp program. Tough break. Pierce has roughly one month to resume practicing and ramp up enough to play in Week 1 against the Ravens. He was supposed to be diversifying his route tree in order to take on a larger offensive role. Instead, he is stuck rehabbing during preseason play. Pierce is a very risky pick in fantasy right now.
  • IND Wide Receiver #14
    Ballard said he’s confident Pierce will be ready for Week 1. Colts beat writers reported the injection on Monday. Ballard came out Tuesday and denied the procedure — part of Pierce’s rehab from offseason ankle surgery he underwent right after signing a massive contract extension with the Colts. Pierce, who operated strictly as a downfield option in 2025, is expected to have a more varied route tree when he’s fully recovered from his ankle issue. If Pierce is sidelined, Josh Downs will likely serve as the team’s No. 1 wideout to start the season.
  • IND Wide Receiver #14
    Pierce remains well behind schedule following offseason surgery on his ankle, with it now coming to light that the veteran receiver required a second PRP injection in his left ankle. Now well beyond the original recovery window following the late-March surgery, Pierce appears to be in legitimate danger of missing time when games start to count if the platelet-rich plasma injections do not speed up his recovery for the second time. Pierce signed a four-year, $114 million contract extension with the Colts this offseason after the team lost Michael Pittman in a trade to the Steelers, signifying an intent to move forward with Pierce as their primary option at the position. That move could prove costly if Pierce misses regular season time. Josh Downs and Tyler Warren would be in line to benefit the most from any absence from Pierce.
  • IND Wide Receiver #14
    Pierce was placed on PUP to begin camp and is reportedly one to two weeks away from returning to the practice field following offseason ankle surgery. Preparing for life after Michael Pittman, Pierce could use as many reps with quarterback Daniel Jones as possible to grow into what is expected to be an increased role in the offense. Pierce signed a fully guaranteed four-year contract this offseason.
  • IND Wide Receiver #14
    It doesn’t change anything, though it formalizes the possibility Pierce could begin the regular season on the reserve/PUP list, which would cost him a minimum of four games. Players can be removed from the active/PUP list at any time, though teams tend to take their time, because once you’re off, you’re off. Pierce appears destined to spend at least a few weeks working off to the side and rehabbing. Amongst the many possible outcomes is Pierce being removed from the PUP list but still missing a game or two to begin the year. At this point, he should probably be considered on the wrong side of questionable for Week 1, making him a dicey WR3 draft play. It also leaves the Colts with some of the league’s worst receiver depth. This will be the first of many updates after the next few weeks.
  • IND Wide Receiver #14
    Before digging into the numbers, keep in mind that Pierce is currently recovering from offseason ankle surgery and could return “late” in training camp. In the 2025 regular season, just six players earned 150-plus targets. Pierce earned targets at a 17.4 percent rate last year, trailing both WR Josh Downs (22.2 percent) and TE Tyler Warren (21.1 percent) in that area. Pierce is stuck working with the training staff, while Downs trains for the Z-receiver/slot receiver role, and Warren refines his route running after leading the team in targets as a rookie. Simply put, we strongly doubt Pierce’s odds of becoming a top-six NFL target earner. This vote of confidence is a positive for Pierce, but there are real questions about whether he can sustain a major target pace.
  • IND Wide Receiver #14
    Pierce is facing a 4-6 month recovery period after undergoing ankle surgery in late April. His Week 1 status is very much up in the air. Just before announcing his ankle injury, Pierce signed a four-year, $116 million contract with the Colts, who expect Pierce to be the team’s top wideout after Michael Pittman left for the Steelers. It could be a slow start to the regular season for Pierce, strictly a downfield pass catcher. Eventually he should be Daniel Jones’ No. 1 target in the balanced Colts offense.

Rotoworld

  • FA Linebacker #57
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    Steelers released LB Jamin Davis.

    Davis is a former first-round pick by the Commanders who will now be looking for his fourth organization in four years. The Steelers also released WR Levi Wentz.
    - Christopher Crawford
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    Zavion Thomas caught all five of his targets for 140 yards and a touchdown in the Bears’ preseason win over the Titans on Saturday.

    The score and the bulk of the yardage came on one play, a 97-yard connection with Tyson Bagent. Thomas has some of the best speed of any rookie wideout — or any wideout regardless of age — and while he’s dealt with injuries in camp, the ability to grab and go is apparent. He’s not likely to be a significant contributor to begin the year, but he’s someone who has to be monitored in this Chicago passing attack.
    - Christopher Crawford
  • FA Quarterback #16
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    Texans released QB Brett Rypien.

    Rypien was signed shortly after Graham Mertz suffered a torn ACL in the middle of August. The 30-year-old seems likely to make the practice squad, unless Houston finds a signal-caller they like more for that spot.
    - Christopher Crawford
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    ESPN’s Jeremy Fowler reports that the Saints are keeping Spencer Rattler despite trade interest.

    Rattler will remain the backup signal-caller behind Tyler Shough, it appears. The 25-year-old showed some flashes — short flashes, but flashes — when operating as the starter with New Orleans, but it’s hard to see him being more than a depth option going forward.
    - Christopher Crawford
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    Saints waived DE Malakai Williams.

    The team waived or released 10 players ahead of Sunday’s roster cut deadline, including WR Ronnie Bell, S Elliott Davison, EDGE Garrett Nelson, DL Brien Taylor, OT Xavier Truss, QB Hunter Dekkers, WR Bub Means, TE Zaire Mitchell-Paden, DE Khalil Saunders, and DE Malakai Williams. The team will need to trim further Sunday.
  • FA Wide Receiver #11
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    Saints waived/released WR Ronnie Bell, S Elliott Davison, QB Hunter Dekkers, WR Bub Means, TE Zaire Mitchell-Paden, EDGE Garrett Nelson, DL Khalil Saunders,, DE Brien Taylor, T/G Xavier Truss and EDGE Malakai Williams

    Means was a fifth-round pick who showed some potential fantasy intrigue coming out of Pitt in 2024, but it hasn’t worked out. The same can be said for Bell. Both players and Dekkers are candidates for the practice squad. Everyone is a candidate for the practice squad, to be fair.
    - Christopher Crawford
  • FA Offensive Lineman #62
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    Falcons waived/released OT Andrew Stueber, WR Keelan Marion, DT Devonnsha Maxwell, LB Daveren Rayner, OG Jaeden Roberts, TE Joshua Simon and DB Keidron Smith.

    It’s an extremely low-wattage list as the Falcons work to get down to 53 players. 27-year-old Stueber has not appeared in a regular season game since 2024 in Cincinnati.
  • FA Wide Receiver #88
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    Panthers waived/released WR Dan Chisena, DT Kyon Barrs, WR Elijah Cooks, RB Miles Davis, DT Tywone Malone, TE Caden Prieskorn, WR Roc Taylor, and OL Ryan Hayes.

    A linchpin NFL special teamer since 2020, Chisena had been with the Panthers since 2024. He made only seven regular season appearances in Charlotte, suggesting he might ultimately be a poor bet to land back on the 53-man roster this year.
  • FA Wide Receiver #89
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    Giants waived/released WR Isaiah Hodgins, RB Damon Bankston, WR Kobe Prentice, TE Josiah Deguara, OL Brenden Jaimesl, DL Leki Fotu, LB Anfernee Orji and CB Ugo Amadi.

    27-year-old Hodgins has found himself on the periphery of the G-Men’s 53-man roster since 2022, making 35 appearances during that timespan. He provided some crucial snaps for an undermanned receiver corps but never did quite enough to crack the targets rotation. He could end up back on New York’s practice squad, though those odds are decreased by this being a new coaching staff.
  • FA Defensive Tackle #58
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    Jets waived DT Mazi Smith.

    Smith was one of the key pieces in the trade that sent Quinnen Williams to Dallas. The Jets declined his fifth-year option in April before eventually releasing him at final roster cuts. Smith graded as one of the worst defensive linemen in the league in 2025, per Pro Football Focus, and will likely be forced to settle for a depth role moving forward.