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2014 NFL draft order: When the Indianapolis Colts pick in Round 2; full list of picks

Colts QB Andrew Luck has thrown for 23 touchdowns in each of his first two seasons. (AP Photo/Damian Strohmeyer)

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The Indianapolis Colts, who went 11-5 last season and won a playoff game, have only five picks in the 2014 NFL Draft, the fewest of any team.

Assuming Reggie Wayne comes back to form after a knee injury, the Colts have formidable receiving threats with the addition of Hakeem Nicks and the return of T.Y. Hilton. But they must plug a hole on defense after losing safetyAntoine Bethea. SI.com's Chris Burke also writes that "the development of 2013 first-round OLB Bjoern Werner might dictate when they try to nab another edge threat."

Needs: Center, safety, pass rusher

Here is the list of the Colts' picks in this year’s draft:

Last Updated: May 9, 12 p.m.

Round 2, Pick 27 (59)

Round 3, Pick 26 (90)

Round 5, Pick 26 (166)

Round 6, Pick 27 (203)

Round 7, Pick 17 (232)

For a full list of first-round picks, click here.

More SI.com NFL draft coverage:

BURKE & FARRAR: Grading each first-round pick

BANKS: Welcome to Cleveland, Johnny Football

BURKE: Reaches and steals of Round 1

KING: Inside one team’s gutsy trade up in the draft

SI.COM STAFF: 2014 NFL draft: Latest rumors, buzz