The Indianapolis Colts are poised to add two compensatory draft picks to their haul for the 2026 NFL Draft. Following the recent free agency period, where the Colts lost more compensatory free agents than they signed, they are projected to benefit from the NFL's compensatory selection formula. The Colts lost five compensatory free agents, including notable names like Joe Flacco and E.J. Speed, while only three of their own signings, Charvarius Ward and Cam Bynum among them, counted as compensatory. Though several signings canceled each other out, the Colts will receive two seventh-round picks as a reward for their net losses.

In total, the Colts will now hold nine selections in the upcoming draft, enhancing their ability to strategically improve their roster. The compensatory pick system is a significant aspect of NFL operations, rewarding teams for player departures and encouraging competitive balance. The Colts' draft strategy could benefit from this additional capital, allowing them to address immediate needs and build for the future.