Colts early free agency rumors and reports tracker

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With NFL free agency on the horizon, let's begin tracking the early rumors and reports surrounding the Indianapolis Colts.

On Monday, March 9th, at 12:00 PM ET, the NFL's legal tampering window opens. At this point, free agents can begin negotiating deals with new teams.

Then on March 11th, at 4:00 PM ET, free agency officially opens, and any agreed-upon deals over the previous two days become official at that time.

Before free agency arrives, however, the Colts have some work to do with the salary cap. After using the transition tag on Daniel Jones, Indianapolis is now over the salary cap. Chris Ballard will have to create some operating room in the coming days.

As of now, here are the latest reports and rumors surrounding the Colts. We will update this article as new info comes in.

Latest update on Alec Pierce​


With Jones being tagged, Pierce is currently set to hit the open market, unless he and the Colts can agree to a new deal before Monday. On Tuesday evening, Ian Rapoport had this to say:

"The Colts have made a big offer to Alec Pierce," Rapoport said. "They're going to try to get that one done, but he's got like five days until free agency. Hard to imagine that Alec Pierce agrees to a deal now when he's able to talk to anyone in the NFL in just a couple days."

For more from Rapoport, you can find that here.

Vikings watching Colts, Daniel Jones situation​


Under the transition tag, Jones can still negotiate with otehr teams, although the Colts will have the opportunity to match any offer. One team "closely monitoring" this situation is the Vikings, according to CBS Sports Jonathan Jones.

Kwity Paye's market​


Coming out of the NFL combine, ESPN's Jeremy Fowler named Kwity Paye one of this "top sleeper free agents" after speaking with NFL execs.

"He could be the fourth rusher on the market behind Trey Hendrickson, Jaelan Phillips and Odafe Oweh," wrote Fowler. "He has 30.5 sacks over 74 starts."

This article originally appeared on Colts Wire: NFL free agency: Tracking latest Indianapolis Colts rumors, reports

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