Indianapolis Colts signing CB Stephon Gilmore to two-year, $23M contract, source says 

The Indianapolis Colts are giving cornerback Stephon Gilmore a two-year, $23 million contract that includes $14 million guaranteed, a source told ESPN's Adam Schefter. 

Gilmore becomes the second veteran addition to the Colts' secondary this week after Indianapolis signed safety Rodney McLeod on Thursday. 

Cornerback was a position of need for the Colts after they traded starter Rock Ya-Sin to the Las Vegas Raiders for pass-rusher Yannick Ngakoue and did not re-sign starter Xavier Rhodes. 

The Colts have reshaped their defense after the departure of coordinator Matt Eberflus, who is now the head coach in Chicago, and hired Gus Bradley as his replacement. 

Indianapolis' defense now features the five-time Pro Bowler Gilmore, Ngakoue, and DeForest Buckner on the line, linebacker Darius Leonard, 

and one of the league's best slot corners in Kenny Moore. All five of those players have been selected to at least one Pro Bowl in their careers. 

Gilmore played the 2021 season with the Carolina Panthers, who traded a 2023 third-round pick to the New England Patriots in October to get him. 

The Panthers added the 2019 NFL Defensive Player of the Year in hopes that he could replace first-round pick, Jaycee Horn,  

who suffered a season-ending foot injury in Week 3 at the Houston Texans. Gilmore, 31, was on the physically unable to perform list when he arrived in Carolina