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The Colts are bringing back free agent linebacker E.J. Speed on a two-year, $9 million deal, Mike Garafolo of NFL Media reports.
Speed made only $3.274 million on his four-year rookie deal after the Colts made him a fifth-round selection.
He has played 61 games with six starts, becoming a core special teams player. In his career, Speed has seen action on 494 defensive snaps and 1,021 special teams snaps.
He has 110 tackles, a sack, three forced fumbles and three pass breakups in his four seasons.
In 2022, Speed played the most he ever has on defense and made 63 tackles, a sack, two pass breakups and two forced fumbles.
UPDATE 10:57 PM: Garafolo originally reported a one-year deal but later corrected it to a two-year deal.