Here on the day of the draft the Colts are dangling out there defensive end Dwight Freeney, while at the same time looking to move down from the No. 34 pick.
Peter King of Sports Illustrated reported the story earlier today, that the Cols would like to get rid of Freeney, who is due to earn $14.035 million in base salary and has a $19.035 million salary cap number in the final year of his current contract.
Freeney is the Colts’ all-time sack leader, but the Colts are also moving from a 4-3 to a 3-4 defense under first-year head coach Chuck Pagano and Freeney may be a better fit on another club.
As for trading the No. 34 pick, King said the Colts are looking to add to their front seven and would ideally like to pick up another pick in the Top 80.
The Colts own 10 draft choices total, but four are between picks 206 and 253, with those two particular selections of the compensatory variety (and thus are not able to be traded).