Colts start spending, adding receiver Devin Funchess

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The Colts have more than $100 million in cap space, but they won’t be breaking the bank. On Monday, they mildly fractured it.

Per multiple reports, the Colts have agreed to terms with receiver Devin Funchess. It’s a one-year deal with a maximum value of $13 million. The base value will be lower than that, perhaps considerably.

A second-round pick of the Panthers in 2015, Funchess has 161 career catches for 2,233 yards and five touchdowns.

The Colts haven’t done much on the first day of the legal tampering period, opting to take their time. With Funchess, however, they opted to move quickly. And to pay him a lot of money, if he hits his various performance triggers.

10 responses to “Colts start spending, adding receiver Devin Funchess

  1. — Every single WR staight up FLEES from Cam Newton lol —

    Funch did not flee. The Panthers did not bring him back because he was going to want more money than the Panthers could afford for a receiver that drops a lot of balls and has trouble getting open. Same goes with KB who trashed Cam after he left praising his new QB’s in Buffalo. Go check on how that worked out for him.

    I would say 13M for Funch is a joke for the Colts to pay but they have the cap room to do it and everybody was saying the same thing about Ebron last year. As a Panther fan, I always liked Funch but everybody can’t get paid and with a roster full of younger, faster, receivers it was a no brainer to let him walk. Hope he can jump start his career with the Colts.

  2. Seems like a lot of $$ for Funchess, but not so bad once you realize he must hit performance benchmarks in order to fully cash in. In other words, if he plays well enough to make $13M, he earned it. Making pay actually tied to performance makes sense to me.

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