The Indianapolis Colts hold the 47th overall pick in the second round of the 2026 NFL Draft, but General Manager Chris Ballard has hinted that trading back is a very real possibility. With only seven total selections and just two within the top 100, accumulating more draft capital is a smart strategy for building a deeper roster.

So, what could a trade-down scenario realistically yield for the Colts? Using the popular Rich Hill trade value chart as a guide, moving back from pick No. 47 opens up several intriguing options. For instance, a potential deal could see Indianapolis slide down the board while picking up valuable additional selections to address multiple needs.

In one projected trade, the Colts could move from pick 47 to pick 61, netting them not just that later second-round selection, but also a third-round pick (No. 93), and two late-round fliers (picks 207 and 232). This kind of move would transform their modest draft haul, giving Ballard more swings at finding impact players and depth across both sides of the ball.

For a team always looking to compete in the tough AFC South, flexibility is key. Trading back from their second-round spot could provide the Colts with the extra ammunition needed to shore up the offensive line, add a dynamic weapon, or bolster the secondary—all while staying true to their philosophy of building through the draft.