Colts announce they will not re-sign Reggie Wayne

Reggie Wayne has likely played his last game as an Indianapolis Colt. 

The team announced Friday that they will not be bringing the wide receiver back for a 15th season. 

"Everyone knows the greatness and history associated with number 87," Colts general manager Ryan Grigson said in a statement. "He truly is one of a small handful of players who really define the Colts as an organization. He was already a Hall of Famer in the making when Chuck and I arrived in Indianapolis in 2012, but no one has contributed more, on the field and in this building, to our turnaround, our continued growth, and our overall success since then."

Wayne was selected by the Colts with the 30th overall pick of the 2001 NFL Draft and has spent his entire career in Indianapolis. He ranks second in NFL history in career playoff receptions (93), fourth in playoff receiving yards (1,254) and is tied for seventh in playoff receiving touchdowns (nine). 

The six-time Pro Bowler is the active leader in NFL receptions (1,070) and receiving yards (14,345) and ranks third in receiving touchdowns (82).

"Reggie is one of the greatest men to ever wear the horseshoe, and we have been blessed to watch him play for the past 14 years," Colts owner and CEO Jim Irsay said. "When he first took the field with us in 2001, we knew this day would eventually arrive. That reality is one of the things that makes pro football such a tough business. We feel this decision is in the best interests of the team and for Reggie as it will allow him to seek a better opportunity for playing time elsewhere if he so chooses. 

"Reggie is beloved by the Colts organization and our fans and he will always be a part of the Colts family. I look forward to the day in the near future when our great number 87 enters the Colts Ring of Honor and the Pro Football Hall of Fame."