Recapping Day 1 of NFL free agency for the Indianapolis Colts

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With Day 1 of NFL free agency in the books, let's take a look back at everything that happened with the Indianapolis Colts.

Here is everything you need to know.

Colts re-sign Alec Pierce​


Not long after the negotiating window opened, Pierce and the Colts agreed to a new deal, paying him a maximum of $116 million over four years. Pierce did reportedly have a larger offer elsewhere, but chose to stay with the Colts.

"I knew where my heart was," Pierce told Pat McAfee. "I love the city of Indianapolis. Just seeing where we were at last year early in the year, like rolling, I truly believe we were the No. 1 team in the NFL."

Michael Pittman is traded to the Steelers​


Along with Pittman headlining this trade, the Colts and Steelers agreed to a late-round pick swap as well. Ultimatley, this move was made to clear salary cap space. The Colts freed up $24 million in cap space this season by trading Pittman.

Colts sign DE Arden Key​


Key, who spent the last three seasons with the Titans, is joining the Colts on a two-year deal worth $20 million. Key will fill more of a rotational role at defensive end for the Colts, bolstering the depth and -- hopefully -- providing more pass rush juice behind Laiatu Latu.

Kwity Paye to the Raiders​


Paye is signing a three-year, $48 million deal with the Las Vegas Raiders. After having an inconsistent pass rush last season, the Colts seem to be reshaping the defensive end position.

Neville Gallimore to the Bears​


Defensive tackle Neville Gallimore has a new home, signing a free agent deal with the Chicago Bears. This is a two-year deal worth $12 million. Gallimore provided a solid rotational presence at tackle last season for the Colts.

This article originally appeared on Colts Wire: NFL free agency: Highlighting 5 moves that include the Colts

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