Richardson injured his shoulder in Week 5 and has spent the last week getting evaluations and opinions from doctors about next steps. On Monday, Colts owner Jim Irsay told Stephen Holder of ESPN.com that Richardson is likely having surgery in the coming days and that he is unlikely to be back on the field during the 2023 campaign.

Related players: Gardner Minshew

We reported on Monday the Colts and Richardson were discussing season-ending surgery as an option. With the Colts likely not poised for a deep playoff run, the team is thinking about the future of their franchise QB and it seems like they are pretty close to the surgery option. Richardson flashed in his short time on the field, throwing three TDs and just one INT. With really only three full games under his belt, Richardson twice rushed 10 times and rushed for four TDs in that three-game span.

Colts QB Anthony Richardson could opt for season-ending shoulder surgery, and coach Shane Steichen was asked whether the Colts will take a longer-term view of their franchise quarterback.

“Yeah, that makes sense,’’ Steichen said, via Mike Chappell of Fox 59. “It is a priority. Obviously, we want to do what’s best for him and this organization moving forward. Like I said, we will make the decision when the time is right. We’re still evaluating that process.’’

Related players: Gardner Minshew

Richardson was diagnosed with a grade 3 sprain to the AC joint in his right shoulder after being injured eight days ago. Owner Jim Irsay, General Manager Chris Ballard, Steichen and the medical staff will consult with Richardson and his representation when it comes time to make the decision, the story said.

With Anthony Richardson out at least four weeks, Gardner Minshew becomes the Colts’ QB1. Colts also signed QB Kellen Mond to their practice squad.

Minshew becomes an intriguing streaming target in deep leagues, but his Week 6 matchup against the Jaguars isn't the best place to plug him in. Richardson should be kept in IR slots wherever possible.

Colts rookie quarterback Anthony Richardson is likely to miss significant time with the right shoulder injury he suffered on Sunday.

Richardson received an initial diagnosis of a Grade 3 AC joint sprain, which would mean he would miss a month or more, according to Ian Rapoport of NFL Network.

Related players: Gardner Minshew

Richardson is set for an MRI but all reports indicate a month would likely be a minimum amount of time. Other reports say it could be up to six weeks for Richardson. The good news is Minshew has played well this year filling in, and it appears from a fantasy standpoint the Colts offense won't take much of a hit without Richardson.

Colts QB Anthony Richardson is believed to have a sprained AC joint. He will have an MRI later Sunday.

Richardson left the game late in the second quarter and couldn't move his right arm as he was taken to the locker room. X-rays were negative. He went 9 of 12 for 98 yards. Gardner Minshew came in and went 11 of 14 for 155 yards in leading the Colts to a 23-16 win over the Titans to move to 3-2 and a tie with the Jaguars atop the AFC South. Certainly, the offense takes a hit, fantasy-wise, if Richardson is out for some time. We should know more later Sunday after the MRI.

Colts QB Anthony Richardson has left Sunday's game against the Titans with a right shoulder injury.

Richardson was not moving his right (and throwing) arm. He is questionable to return. Gardner Minshew is in at quarterback now for the Colts. Richardson was 9/12 for 98 yards.

Colts coach Shane Steichen: Anthony Richardson cleared concussion protocol and will start Sunday's game.

Related Players: Gardner Minshew

Minshew didn't look as good in Week 3 as he had in emergency duty the previous week, but the Colts still got the win. Richardson was emerging as a fantasy star before taking a hit that gave him the concussion back in Week 2. Now that he's active, he is a shoo-in as a top-ten option due to his rushing prowess.

For the second straight day, the Colts listed QB Anthony Richardson as a full participant in practice, putting him on track to play Sunday vs. the Rams.

Related Players: Gardner Minshew

Minshew didn't look as good in Week 3 as he had in emergency duty the previous week, but the Colts still got the win. Richardson was emerging as a fantasy star before taking a hit that gave him the concussion back in Week 2. If he's active, he is a shoo-in as a top-ten option due to his rushing prowess.

Colts QB Anthony Richardson is still in concussion protocol, but he is expected to practice today and will take starter reps, per coach Shane Steichen. A good sign for Richardson's progress and chances to start Sunday vs. the Rams.

Related Players: Gardner Minshew

Minshew didn't look as good in Week 3 as he had in emergency duty the previous week, but the Colts still got the win. Richardson was emerging as a fantasy star before taking a hit that gave him the concussion back in Week 2. If he's active, he is a shoo-in as a top-ten option due to his rushing prowess.

In his Monday press conference, head coach Shane Steichen told reporters that Anthony Richardson remains in the protocol. But he’ll be back as QB1 whenever he’s available.

Related players: Gardner Minshew

Minshew has played well filling in for Richardson but the Colts wanted to put to rest any thoughts of a QB controversy. The story added we should get a better idea of Richardson's status for Week 4 when the Wednesday's injury report comes out.