Colts Fantasy Football Sleepers to Target in 2026

A few Colts players could become major draft-day bargains if Indianapolis’ offense stays healthy.

Indianapolis Colts tight end Tyler Warren (84) runs through drills Monday, June 1, 2026, during practice at the Indiana Farm Bureau Football Center. | USA TODAY Network via Reuters Connect

The Indianapolis Colts could quietly be one of the best teams to target for fantasy football value this season.

Jonathan Taylor is already an established fantasy superstar, but Daniel Jones, Tyler Warren, Josh Downs, Alec Pierce and now Keenan Allen all have a chance to outperform their current draft position if Indianapolis’ offense stays healthy.

Jonathan Taylor Is Still the Guy

Dec 28, 2025; Indianapolis, Indiana, USA; Indianapolis Colts running back Jonathan Taylor (28) runs during the first half against the Jacksonville Jaguars at Lucas Oil Stadium. Mandatory Credit: Robert Goddin-Imagn Images | IMAGN IMAGES via Reuters Connect

First up, and this should come as no surprise to anyone following the Colts: RB Jonathan Taylor.

Taylor led the NFL in carries (323), total touchdowns (20) and rushing touchdowns (18) last season while finishing third with 1,585 rushing yards. ESPN currently has his consensus ADP at No. 7 overall.

But don’t overthink it. JT remains one of the safest bets for elite fantasy volume.

Daniel Jones Might Be the Biggest Steal

Jul 29, 2026; Westfield, IN, USA; Indianapolis Colts quarterback Daniel Jones (17) throws a pass during a drill on day one of training camp at Grand Park Sports Campus. Mandatory Credit: Robert Goddin-Imagn Images | IMAGN IMAGES via Reuters Connect

This is where the Colts start to get interesting from a value standpoint. 

Daniel Jones is going around QB24 in consensus ADP despite ranking QB5 in fantasy scoring through the first 10 weeks of 2025 before injuries derailed his season. He threw 15 touchdowns and added five more on the ground during that stretch.

The Achilles is the obvious concern, but Jones has been full-go in camp. As long as he stays healthy, his dual-threat ability in Shane Steichen’s offense gives him legitimate top-10 upside at a late-round price.

Tyler Warren Has Massive Upside

Jan 4, 2026; Houston, Texas, USA; Indianapolis Colts tight end Tyler Warren (84) is tackled by Houston Texans cornerback Tremon Smith (11) and safety Jalen Pitre (5) during the first half at NRG Stadium. Mandatory Credit: Thomas Shea-Imagn Images | IMAGN IMAGES via Reuters Connect

Warren finished his rookie season with 76 catches for 817 yards and four receiving touchdowns, plus another score on the ground, finishing as TE5 in fantasy.

He is already being drafted as TE4, and even with another proven target now joining the offense, Warren should remain one of Jones’ most important weapons.

Warren may not be a massive steal, but he has a real chance to outperform that price.

Keenan Allen Could Be a Late-Round Steal

Indianapolis Colts wide receiver Keenan Allen watches Wednesday, Aug. 19, 2026, during a joint practice with the Atlanta Falcons at Grand Park in Westfield. | USA TODAY Network via Reuters Connect

The addition of Keenan Allen changes things for this Colts receiving corps.

Allen caught 81 passes for 777 yards and four touchdowns on 122 targets with the Los Angeles Chargers last season. Now reunited with Steichen, he is probably the best candidate to absorb a large portion of the 111 targets left behind by Michael Pittman Jr.

At 34 years old, big-play upside isn’t exactly the reason to draft Allen. But his ability to get open underneath and consistently earn targets makes him an interesting late-round option, especially in PPR leagues.

Alec Pierce Could Be Worth the Risk

Jan 4, 2026; Houston, Texas, USA; Indianapolis Colts wide receiver Alec Pierce (14) catches a touchdown pass against the Houston Texans during the first half at NRG Stadium. Mandatory Credit: Thomas Shea-Imagn Images | IMAGN IMAGES via Reuters Connect

Pierce’s injury could actually create some value in fantasy drafts.

He finished last season with 1,003 yards and six touchdowns while leading the NFL with 21.3 yards per reception. Even if it takes a few weeks for him to get back to full speed, Pierce is one of the league’s best deep threats when healthy.

If the injury pushes his ADP down far enough, he is absolutely worth taking a chance on later in the draft.

Josh Downs Has Plenty of Sleeper Potential

Indianapolis Colts wide receiver Josh Downs (2) runs during the team’s veteran minicamp Tuesday, June 9, 2026, at the Indiana Farm Bureau Football Center in Indianapolis. | USA TODAY Network via Reuters Connect

This is my favorite value play of the group.

Downs is entering the final year of his rookie contract and sits around WR42 in PPR ADP after catching 58 passes for 566 yards and four touchdowns last season. He will have plenty of opportunity, and Downs has already acknowledged there should be more opportunities for him this season.

Bottom line: Jonathan Taylor is still the guy, and Tyler Warren will remain one of the best tight ends in fantasy football.

But if you are looking for Colts players who could help win you a league without costing an early pick, Daniel Jones and Josh Downs remain two of my favorite values, while Keenan Allen and Alec Pierce are both worth taking a chance on if they fall far enough.

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