The team announced Thursday that they have waived Richardson.
We are going to go out on a limb and predict the 24-year-old running back will clear waivers.
It was just last February that general manager Ryan Grigson insisted he would make the trade all over again. The Colts maintained high hopes for Richardson as a rare three-down back last summer, only to watch him stumble through another season, battling weight issues and ultimately drawing a two-game suspension leading up to the most important game of the year.
Upon leaving, Richardson blamed his struggles on Indianapolis, telling ESPN's Mike Wells "me and the GM didn't see eye to eye. My next step, I'll be the starter. Indy didn't fit me."
Of all running backs with 500 carries since the 1970 merger, Richardson has the second-lowest yards-per-attempt average.
Due to Richardson's contract language, that suspension gets the Colts off the hook for $3.184 million -- barring a successful grievance.
Pep Hamilton's offense bogged down in the second half of the season with Richardson and an injury-ravaged Reggie Wayne operating as liabilities.
As for Richardson, he's still young enough to land a no-obligation third chance if he's motivated and in-shape later this offseason.