According to Tom Pelissero, the Colts are trading WR Michael Pittman Jr. to the Steelers.
Adam Schefter says the two sides will swap late-round picks. As a part of the trade, Pittman is also reworking his deal to a new three-year, $59 million contract with the Steelers, per Mike Garafolo.
This is the other shoe to drop after re-signing WR Alec Pierce for nearly $29 million. Pittman was owed $24 million in cash this upcoming season.
Between the Pierce deal and the tag for QB Daniel Jones, that was a tough ask for the Colts. He’ll now have a new home with the receiver-needy Steelers.
Pittman, 28, attended USC before the Colts traded up to select him in the 2020 NFL Draft. He just finished out a four-year, $8,612,849 rookie contract that included a $3,823,890 signing bonus.
Pittman re-signed with the Colts before the 2024 season on a three-year, $70 million extension and is set to carry a cap number of $29 million in 2026.
In 2025, Pittman appeared in all 17 games for the Colts and caught 80 passes for 784 yards (9.8 YPC) and seven touchdowns.
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