The Colts on Thursday moved on from kicker Matt Gay, releasing the highly paid veteran two years into a four-year contract.
Gay arrived in Indianapolis in 2023 as a free agent to much fanfare after winning a Super Bowl and making a Pro Bowl with the Los Angeles Rams. The Colts lured him to Indianapolis with a four-year deal worth $22.5 million, at the time the most lucrative contract given to a free agent kicker. But the move never truly paid off for the Colts, with Gay converting just 82.1% of his field goal attempts (64 of 78) during the past two seasons — including a shocking 50% success rate on attempts of 50 yards or longer (11 of 22).
Before his time with the Colts, Gay converted 17 of 23 attempts from 50 yards and beyond (74%), including 12 of 15 in three years with the Rams.
