Instead of playing out the final year of his Colts contract, Raekwon Davis will immediately reach free agency. The veteran defensive tackle was released on Thursday, per a team announcement. 
The move comes as little surprise. Davis was due $6.49MM in 2025, but none of his base salary for the season was guaranteed. Instead of carrying him at a cap it of $8.96MM, Indianapolis will move on. This release will generate $6.46MM in savings while creating a dead money charge of $2.5MM.
Davis played out his rookie contract with the Dolphins from 2020-22. Over that span, the former second-rounder logged 48 starts, but he was unable to cement himself as a mainstay along the defensive line. After showing limited upside against the pass during his Miami tenure, Davis took a deal with an average of $7MM during his first foray into free agency. That marked a notable raise compared to his initial contract, but it illustrated a degree of hesitance on the Colts’ part.
During his debut Indy campaign, the Alabama product played in all 17 games. Davis did not register any starts, however, and his 30% snap share marked the lowest of his career. With the team set to rely on other options along the interior, this release will allow for a brief period to gauge the market prior to the start of the new league. Interest could be limited in Davis’ case, although at the age of 27 he will be among the younger options to choose from in free agency.
As a result of this move, the Colts have more than $40MM in cap space. General manager Chris Ballard made it clear this offseason he and the team will opt for a philosophical shift in roster building, with a greater emphasis being placed on outside additions. That route did not go as planned in Davis’ case last spring, but the resources to try again in 2025 are available.