Indianapolis Colts sign G Jalen Farmer

The Colts' signing of Jalen Farmer earns a C+ Contract Value Index (CVI), a fair-value deal that reflects what you'd expect for a depth guard on a four-year, $5.6M contract worth $1.39M annually. Farmer lands in the modest-cost, modest-return tier—he's being asked to contribute as a backup or rotational interior lineman without eating significant cap space or locking the team into long-term financial risk. At roughly $1.4M AAV, the price is reasonable for a reserve guard in today's market, and the four-year structure spreads the commitment thin enough that Indianapolis isn't exposed if he doesn't develop or sees limited playing time. The CVI reflects neither a steal nor a misstep: Farmer gets a reasonable runway, the Colts pay a reasonable price, and the downside is minimal because the dollars are so small that wasted cap hits don't compound into serious problems. In a secondary-phase rebuild where the Colts (8–9, heading into the offseason) are stocking depth without committing premium assets, this is exactly the kind of low-risk, low-reward transaction that keeps a roster ticking over without creating future constraint.