Indianapolis Colts sign TE Sean McKeon

Sean McKeon's signing earns a D Contract Value Index (CVI), reflecting a low-cost depth acquisition that offers minimal upside on a team staring down a steep rebuild. At $1.215M total—essentially a veteran minimum commitment—this is replacement-level capital allocation that suggests the Colts view McKeon as organizational filler rather than a meaningful contributor to their offensive scheme. The Colts' 8-9 record, L7 streak, and current #8 seed positioning underscore the organizational dysfunction that makes even low-risk signings feel like band-aids on a structural problem; this move doesn't move the needle in either direction. McKeon's marginal contract value works in the Colts' favor from a cap flexibility standpoint—there's no dead money risk, no guaranteed exposure, no years of liability—but that efficiency matters only if the player produces, and the CVI reflects skepticism about both his ceiling and his fit. For a franchise in the offseason facing harder roster choices ahead, this is the kind of transaction that barely registers: low cost, low impact, low confidence. The Colts are essentially filling a roster spot without committing real resources, which is prudent but also tells you everything you need to know about their evaluation of his role in their plans.