
Adam Schefter and Ian Rapoport report that the Colts have received an offer of a fourth-round pick for WR Josh Downs, despite their asking price of a third-round pick.

The Colts have also received trade calls on veterans WR Keenan Allen and DT Grover Stewart, Schefter and Rapoport report.
Downs, 25, was a two-year starter at North Carolina and earned first-team All-ACC honors in 2021 and 2022. He declared for the 2023 NFL Draft after his junior season.
The Colts drafted Downs in the third round with the No. 79 overall pick of the 2023 NFL Draft. He’s in the final year of a four-year, $5,520,458 rookie contract that included a $1,014,879 signing bonus.
In 2026, Downs has appeared in eight games for the Colts, recording 30 receptions on 51 targets for 330 yards (11.0 YPC) and a touchdown.
We’ll have more on the Colts ahead of the trade deadline as the news is available.