Colts released K Matt Gay.

Gay, who signed as a free agent in 2023, made 64-of-78 field goals (82.1 percent) and 68-of-69 PATs (98.6 percent) in 33 games with the Colts. The six-year veteran was a Pro Bowl selection in 2021 with the Rams, helping his team win a Super Bowl that season. The move leaves the Colts with Spencer Shrader as the lone kicker on their roster. Per Over the Cap, the move creates $2.75 million in cap space for the Colts.