Colts Activate $114M WR Pierce Off PUP List
Alec Pierce returns from ankle surgery just days before the regular season.

The update
The Indianapolis Colts activated wide receiver Alec Pierce from the physically unable to perform list on Thursday. Pierce, who signed a four-year, $114 million extension in March, underwent left ankle surgery in March. He had been sidelined since then, missing the entire training camp. Pierce practiced on Thursday in a limited capacity and is now eligible to play in the final preseason game on Saturday against the Detroit Lions.
Why it matters
Pierce’s return is a significant boost to the Colts’ offense. He was the team’s primary target last season, leading the NFL in yards per catch. His presence allows quarterback Anthony Richardson to have a reliable target downfield. The move also reshapes the team’s offensive depth chart, potentially affecting the target share of other receivers like Michael Pittman Jr.
What to watch
Colts fans will want to monitor Pierce’s snap count in Saturday’s preseason finale. While his activation is a positive sign, it remains unclear if he will be cleared for contact. Fantasy managers should also keep an eye on how the coaching staff integrates Pierce back into the rotation.
Sources
- espn.com — Pierce's activation, limited practice, and comments on returning to the field.
- Associated Press — Pierce's contract details, surgery date, and the timeline of his recovery.
