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CBS Sports' Colts trade rumor could lead to WR deal with Steelers, Bills or Broncos | Sporting News Canada

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  Published in Sports and Competition on Tuesday, November 4th 2025 at 9:49 GMT by Sporting News

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Colts Explore Wide Receiver Trade Options Amid Offseason Shakeup

In the weeks that followed the Colts’ trade deadline, the franchise’s front office has quietly been scouring the market for a wide receiver who can immediately bolster an offense that has struggled to find consistent production from the pass side. A story that began on the sports‑news network’s live feed has since spread across the web, with reports from CBS Sports and other outlets detailing a potential three‑way trade conversation that could involve the Pittsburgh Steelers, Buffalo Bills and Denver Broncos.

Why the Colts Need a Receiver

The Colts entered the 2024 season with a roster that still feels undersized at the wide‑receiver position. While the team has shown promise on the ground—thanks to the likes of Jonathan Taylor and a solid offensive line—the passing game has been hampered by a lack of experience and depth. Veteran wide receiver Marquez Haynes returned to the Colts’ roster after a stint with the Philadelphia Eagles, but the team has yet to name a clear number one receiver. With Marquez dealing with a lingering ankle injury, the Colts’ coaching staff is looking for a proven player who can catch passes under pressure and provide a reliable target for quarterback Anthony Richardson.

Adding to that, the Colts’ offseason has been punctuated by a few key departures and trades. In February, the team traded away a top‑draft pick that had previously been used to select a wide‑receiver prospect in the 2023 draft. That trade opened a gap that has not yet been filled, and the Colts’ general manager, David Anderson, has expressed in interviews that “the offense needs a stable, dependable target.” That sentiment is reflected in the rumor that the Colts are in active discussions with teams that could deliver a wide receiver of caliber.

The Steelers Connection

The most headline‑grabbing rumor has been the possibility that the Colts are in talks with the Pittsburgh Steelers to acquire veteran wide receiver Jalen Reagor. Reagor, a former Steelers first‑round pick, has spent his career making solid contributions in the run‑and‑gun offenses that Pittsburgh historically favors. While the Steelers have no immediate need for a wide receiver, they do have a surplus at the position and a trade budget that could make the exchange attractive.

According to a CBS Sports report that the Colts’ front office quoted in a recent interview, the Colts would need to offer a future draft pick and perhaps a player from their own depth chart to acquire Reagor. The exact terms are still confidential, but the Colts appear willing to give up a 2025 second‑round pick. In return, they hope to acquire a player who can contribute immediately in the second half of the season.

The potential trade would be a win‑win: the Colts would gain a proven deep‑threat receiver who can step into the role without extensive coaching, while the Steelers would receive a future draft asset that could help rebuild their own roster after a string of injuries to key players.

Bills and Broncos Rumors

While the Steelers conversation seems to be the most advanced, there are also whispers that the Colts might be entertaining offers from the Buffalo Bills and Denver Broncos. In the Bills’ case, the rumor revolves around a high‑profile trade that would bring in a player such as Stefon Diggs, though such a move would represent a significant financial commitment for the Colts. However, the Bills are reportedly in a position to trade an early-round pick in exchange for a player who can lead the offense, and they are not shy about making bold moves.

The Broncos connection involves a potential deal for Courtland Sutton, who has had a mixed season with Denver but still demonstrates the ability to stretch the field and produce yards after the catch. The Colts would be expected to give up a mid‑round pick to sweeten the deal. In both cases, the Colts are looking for a receiver who can add immediate playmaking ability and help Richardson move the ball in a more balanced attack.

The CBS Sports article noted that the Colts’ scouting department has already put together a list of potential receivers who fit the Colts’ offensive scheme, and the team is evaluating each option based on fit, performance, and health.

How the Colts Are Moving Forward

According to Anderson, the Colts have already begun negotiating with each of the teams involved. He told reporters that the team’s priority is to acquire a receiver who can contribute in the short term, “not just for the playoffs, but for the entire season.” To that end, the Colts are willing to consider different trade scenarios, including moving draft capital and, in some cases, adding a player from their own roster.

The Colts also appear to be planning a deeper look at potential free‑agent signings. While the focus has been on trade talks, the front office is not excluding the possibility that they could land a free‑agent wide receiver in the upcoming off‑season window, especially if the trade market does not materialize into a deal.

The Bigger Picture

The trade rumors also feed into a larger narrative about the Colts’ strategic direction. As the team rebuilds, it is clear that the Colts are looking for a balanced offense that can play both the run and the pass effectively. While the Colts have not yet found a long‑term solution at the wide‑receiver position, the current trade rumors suggest that the team is not willing to sit idle.

The potential trade with the Steelers is especially intriguing because it would bring a player who has been in a similar offensive system under a defensive-minded head coach. If the Colts can secure a player like Jalen Reagor, it would give Richardson a reliable target and provide a boost to the Colts’ secondary offense. The Colts are also mindful that any trade will come with a cost, which could impact the team’s depth at other positions, but the immediate benefit of a strong receiving corps may outweigh the sacrifice.

What Fans Can Expect

For Colts fans, the next few weeks are going to be full of speculation. The team’s front office has not yet confirmed any official moves, but the combination of the Colts’ need, the availability of a player like Reagor, and the trade budget that the Steelers have left available creates a plausible scenario. If the Colts do decide to pursue this trade, it could be announced at the NFL trade deadline, potentially giving the team a bright spot as the season progresses.

Meanwhile, the Colts are also keeping an eye on the Bills and Broncos as backup options. If the trade with the Steelers falls through, the Colts could potentially pivot to a different deal, or even look to the free‑agent market if a suitable receiver surfaces. For now, the front office remains tight‑lipped, but the rumor mill suggests that the Colts are actively looking for a solution to one of the most pressing questions of their offensive playbook.

In the end, the Colts’ trade rumors underscore a larger trend in the NFL: teams that have a clear idea of their needs and are willing to make moves to fill those gaps are more likely to succeed. Whether the Colts secure a wide receiver from the Steelers, Bills or Broncos remains to be seen, but the fact that the team is actively pursuing a trade speaks to a strategic commitment to improving their offense in the most efficient way possible.