Indianapolis Colts

Trey Sermon has been activated from Indianapolis' practice squad. (Source: Ian Rapoport on Twitter)

Fantasy Impact: Sermon signed with Indianapolis' practice squad a little while ago after spending much of the offseason with the Eagles. His services will be necessary for the team after they dropped Deon Jackson, who has played a big role for them in the past. He probably won't carry much fantasy value for this year, but at least the door is now open for him to see the field and earn more touches for himself.

Deon Jackson has been released by the Indianapolis Colts. (Source: Ian Rapoport on Twitter)

Fantasy Impact: Jackson has been very underwhelming for the Colts when he's gotten opportunities this year, and now the team is letting him go. They also elevated Trey Sermon from the practice squad, so they clearly believe that he's more capable or better for the team. Jackson has shown potential in the past so it wouldn't be surprising to see him end up on another team's practice squad in the near future.

According to HC Shane Steichen, Colts' rookie QB Anthony Richardson, who suffered a concussion early during the team's Week 2 victory over Houston, has been ruled out ahead of Week 3. (Source: James Boyd on Twitter)

Fantasy Impact: Richardson did not log practice time this week after self-reporting concussion symptoms during the early stages of the Colts' Week 2 win. The rookie QB had gotten off to a great start with two first-quarter rushing TDs but was forced to come out of the game. Once healthy, Richardson will be a high-floor QB option for your fantasy team, thanks to heavy rushing involvement. With the rookie being out for Week 3, Gardner Minshew will be the QB1 against a stingy Ravens defense.

Ryan Kelly is not practicing on Friday with the Colts. (Source: Nate Atkins on Twitter)

Fantasy Impact: It is looking like Wesley French will make his first start in place of Kelly on Sunday against the Ravens. The Colts are very banged up with Anthony Richardson (concussion) likely also sidelined.

Evan Hull has been diagnosed with a torn meniscus and will miss the remainder of the season. (Source: Jordan Schultz on Twitter)

Fantasy Impact: Hull was placed on IR last week after suffering a serious knee injury, but the initial expectation was that he would be able to return sometime this season. Now, he's being diagnosed with a torn meniscus that will force him to miss the rest of the season. The rookie didn't show much in his limited time, and his absence could lead to Trey Sermon getting some work on the active roster moving forward.

Gardner Minshew II is possible to start in Sunday's game against the Ravens if starter Anthony Richardson (concussion) is unable to play. (Source: Ian Rapoport on Twitter)

Fantasy Impact: Rookie Anthony Richardson is the starter for the Colts, but he's currently in the league's concussion protocols and isn't practicing. His status for Week 3 is uncertain right now, and if he's out, Minshew will be the next in line to start for Indianapolis. He's a serviceable backup at this point in his career, but it would be worth considering benching someone like Michael Pittman Jr. if this offense is missing it's starting quarterback in Week 3.

The Colts' D/ST registered six sacks and no interceptions while allowing 20 points in Sunday's win over the Texans.

Fantasy Impact: Indianapolis allowed rookie QB C.J. Stroud to have a solid outing on Sunday, but Houston only ended up with 20 points on the day, so it wasn't too bad. Their six sacks made a major impact on the game and helped them to end with a solid fantasy finish. They are still a below-average unit and shouldn't be started next week against an electric Ravens' offense.

Matt Gay made his lone field-goal attempt and converted on all four of his extra-point attempts in Sunday's 31-20 win over the Texans.

Fantasy Impact: Gay was involved on Sunday, kicking the ball five times in what turned out to be a high-scoring outing for the Colts. He was perfect in the win, and that's reassuring for Indianapolis, who has had kicking issues over the past few seasons. He put up a solid fantasy outing and will look to repeat success against the Ravens in Week 3.

In a game where the Indianapolis Colts trounced the Houston Texans 31-20, Mo Alie-Cox made a small but significant contribution.

Fantasy Impact: The 29-year-old tight end caught his only target for a 15-yard gain, marking his first reception of the season. While his fantasy managers may have hoped for more, Alie-Cox's performance was a step in the right direction. Currently ranked TE41 for the week and TE46 for the season, Alie-Cox's value remains limited. Looking ahead to Week 3, Alie-Cox and the Colts will face a tough Baltimore Ravens defense. Fantasy managers should keep an eye on Alie-Cox's usage in the Colts' offense, but for now, he remains a fringe fantasy option at best.

Despite the Indianapolis Colts' impressive 31-20 victory over the Houston Texans in Week 2, wide receiver Isaiah McKenzie had a quiet day on the field.

Fantasy Impact: The 28-year-old was targeted only once, which he converted into a 7-yard reception. This modest contribution didn't do much to boost his fantasy ranking, which currently sits at WR94 for the week and WR105 for the season. Looking ahead to Week 3, McKenzie and the Colts will face off against the Baltimore Ravens, where he'll be hoping to make a more significant impact.

Alec Pierce, had a quiet but efficient performance in their 31-20 win over the Houston Texans in Week 2.

Fantasy Impact: Pierce was targeted twice and made the most of his opportunities, hauling in both passes for a total of 28 yards. His longest reception was a 20-yarder in the third quarter, showing his potential for big plays. Despite his limited targets, Pierce has shown a knack for making the catch when called upon, boasting a perfect catch rate for the game. Currently ranked as WR74 for the week and WR86 for the season, Pierce will look to climb the fantasy rankings as the Colts prepare to face the Baltimore Ravens in Week 3.

In a game that saw the Indianapolis Colts triumph over the Houston Texans 31-20, 22-year-old wide receiver Josh Downs put up a respectable performance.

Fantasy Impact: Downs was targeted five times, hauling in four of those for a total of 37 yards. While he didn't find the end zone, his contributions helped keep the chains moving for the Colts. His season stats now stand at 12 targets, 7 receptions, and 67 receiving yards, with no touchdowns yet. Despite his WR59 weekly ranking and WR63 season-long rank, Downs showed promise with his reliable hands and route running. Fantasy managers should keep an eye on Downs as he continues to carve out his role in the Colts' offense.

In Week 2, Zack Moss put on a clinic in the Colts' 31-20 victory over the Texans.

Fantasy Impact: The 25-year-old running back was a workhorse, carrying the ball 18 times for 88 yards and a touchdown. He also proved his worth in the passing game, hauling in all four of his targets for an additional 19 yards. Moss's performance was a key factor in the Colts' win, and his consistent production on the ground and through the air helped him secure a respectable RB9 ranking for the week. His season-long rank of RB23 shows that he's a reliable option for fantasy managers. Next week, Moss and the Colts will face off against the Baltimore Ravens, a team known for their stout defense. Given his recent performance, Moss is expected to be a significant part of the Colts' game plan.

In a game where the Colts galloped past the Texans 31-20, Michael Pittman Jr. was a consistent target, hauling in 8 of his 12 targets for a total of 56 yards.

Fantasy Impact: While he didn't find the endzone, his steady performance contributed to the Colts' victory and added to his season stats, bringing him to 16 receptions for 153 yards and a touchdown on the season. Despite a fumble in the first quarter, Pittman Jr. showed resilience, making key plays throughout the game. His performance keeps him at a respectable WR12 ranking for the season, even though he's currently sitting at WR42 for the week. Looking ahead, Pittman Jr. will be facing a tough Baltimore Ravens defense in Week 3. He remains a solid flex option for fantasy purposes moving forward.

Quenton Nelson has returned to Colts practice on Friday. (Source: Jake Arthur on Twitter)

Fantasy Impact: Nelson missed practice on Wednesday and Thursday due to a toe injury. His return on Friday puts him in position to have a chance to play on Sunday against the Texans.

The Indianapolis Colts have signed RB Jake Funk to their 53-man roster after placing RB Evan Hull on injured reserve. (Source: colts.com)

Fantasy Impact: Hull will miss four games, opening up the door for Funk, who has played in 17 games for Indianapolis and the Los Angeles Rams. He can also provide on special teams, which will be valuable as he will likely be the last man in Indy's rotation. If Zack Moss misses Week 2, Funk could be in line for the RB2 role behind Deon Jackson.

According to HC Shane Steichen, Jonathan Taylor, who is on the PUP list, was not with the team during their Week 1 loss to Jacksonville. (Source: Jake Arthur on Twitter)

Fantasy Impact: The Taylor saga is not over yet, and while his not being present for the team's game does not show too much, it does show a lack of commitment to the team. It is not hard to follow Taylor's lack of motivation for supporting the Colts after they did not give him a contract or trade him. We will see if this was a Week 1 occurrence or something that will continue while he is on the PUP list.

Kylen Granson caught four of six targets for 39 yards against the Jaguars in Week 1. His four receptions were third most on the team behind WR Michael Pittman and RB Deon Jackson.

Fantasy Impact: Granson has had his games in the past, but there is no way to tell which Colts tight end will have a good week, especially when Jelani Woods returns. It's best to leave Granson on the waiver wire and look for other options.

Colts TE Drew Ogletree has been ruled out for the remainder of the game with a concussion. (Source: George Bremer on Twitter )

Fantasy Impact: Ogletree exited the game with a concussion and will finish the game with 20 receiving yards on one reception. The 25-year-old will now focus on clearing concussion protocol ahead of the team’s Week 2 matchup with Houston.

Shaquille Leonard is 'progressing' through the concussion protocol. (Source: James Boyd on Twitter)

Fantasy Impact: Leonard is currently stuck in the NFL's concussion protocol, but HC Shane Steichen says that he is 'progressing'. There's no definitive word on his status for Week 1 as of yet, but with Indianapolis' season opener against the Jags still six days away, there's plenty of time for him to clear the protocols and play.