Colts’ Ryan Williams, rookie receiver, in line for $1.2M in 2017 contract

Colts’ Andrew Luck and Indianapolis’ first-round draft pick Ryan Williams are among several prospects expected to sign with the team in 2017, a source told NFL Media Insider Ian Rapoport on Tuesday.

Rapoports first reported the two players were expected to be signed by the Colts on Tuesday, though Rapoporting was unable to confirm the deal.

Indianapolis is believed to be the only NFL team that has the financial flexibility to match Williams and make the move.

Williams, a seventh-round pick out of Clemson, was projected as a second-round talent by some NFL Draft analysts but was selected as a third-round choice by the Indianapolis Colts.

The 6-foot-2, 230-pounder is a potential star on special teams and could potentially see a bigger role if the Colts want to move on from Luck.

Indianapolis will likely target a veteran free agent receiver in the draft, which will likely come in the first round or later.

Rapoport reported that the Colts also have interest in former Tennessee Titans tight end Jermaine Gresham, who was released by the Titans on Monday.

Rapaport added that the team has the option to sign former Minnesota Vikings tight end Kyle Rudolph to a long-term deal as a free agent.

Rapiport noted that the Vikings have interest also in former Tampa Bay Buccaneers wide receiver Austin Seferian-Jenkins, who signed with the Buccaneers on Tuesday after playing for the Bucs in the 2017 season.