The Colts have signed WR Hakeem Nicks to a one-year deal, per source.
Nicks has failed to score a TD in 17 straight games and his knees are a concern. Still, it's a low-risk move for the Colts, who are likely trying to look for a long-term replacement for Reggie Wayne (torn ACL). The signing puts a small dent in T.Y. Hilton's upside, while Wayne's stock takes a bigger hit. As for Nicks, he has finished outside of the top 50 at his position for two straight seasons, but he's still just 26 years old and still has time to turn his career around, assuming he's fully healthy. His ADP in early drafts is in the 9th round and it might rise a bit with this change of scenery.