Colts will not use franchise tag

To no one's surprise, the Indianapolis Colts will not use the franchise tag this year. Teams have until 4 p.m. Monday to use the tag.

Cornerback Vontae Davis was the top candidate for the Colts to use the tag on, but it would have been an expensive one if they had decided to go that route. The franchise tag for a cornerback is $11.8 million.

Davis has potential to be one of the top cornerbacks in the league, but he needs to be consistent. He played well enough at times to look like he was on his way to earning a huge payday last season. But he countered the strong play by having some stretches where he wasn’t focused and he struggled.

The Colts can still work out a long-term contract with Davis and their free agents before their contracts expire March 11.

Davis, safety Antoine Bethea, punter Pat McAfee, kicker Adam Vinatieri and running back Donald Brown are the top players heading into free agency for the Colts.

The Colts used the franchise tag on McAfee last year.