Indianapolis Colts sign WR Sahmir Hagans

The signing of Sahmir Hagans earns a C+ Contract Value Index (CVI), a middling grade that reflects the low-risk, low-ceiling nature of this roster move rather than any meaningful indictment of the deal's structure. At the wide receiver position, Hagans profiles as a depth piece — the kind of signing that fills a practice-squad-adjacent role rather than one that moves the needle on a 53-man roster's competitive outlook. The contract itself is about as team-friendly as it gets, with a $1.03M AAV over three years and a $3.1M total value that barely registers against the NFL cap, giving Indianapolis essentially zero downside exposure if the move doesn't pan out. The CVI lands in the middle of the grading curve primarily because the value equation is neutral — you're not overpaying, but you're also not securing a difference-maker, and cheap deals on replacement-level talent still carry an opportunity cost in roster construction. With the Colts sitting at 8-9 and sentiment on the organization holding steady at a C- over the last 30 days, this is a move that fits the moment: a low-stakes flier heading into an offseason with 120 days until the regular season kicks off. The three-year term gives the front office time to evaluate whether Hagans can develop into a solid contributor, but that timeline also suggests this is a developmental bet more than a calculated win-now addition. At this price, the floor and the ceiling are basically the same floor — and the CVI reflects exactly that.