Free agency frenzy is upon us. With the last of the franchise tags being applied, or ignored, on Monday, the group of free agents is all but set. While teams still can sign their own players to long-term deals, there is enough talk and news that we can begin to talk about rumors and negotiations rather than projections.
As I discussed yesterday, the free agent period is arguably going to be more important than the draft for the Indianapolis Colts. While the draft is the best place to build a team, the Colts have $41 million in cap space, per Spotrac, compared to just five draft picks. With no first-rounder, the Colts' chances of getting an impact player are much higher in free agency than with the draft.
It should be noted that free agency, again, is not the best place to build a team. But, this is where the Colts are right now.
So with all that in mind, what are a few big mistakes that the Colts must avoid in this year's free agency period?