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Tony Ugoh, OT Wednesday 9/8, 4:57 PM CT
The Colts waived offensive lineman Tony Ugoh Wednesday, according to ESPN.

Our View: Ugoh is out for the season with either a dislocated or fractured toe. Yet another blow to the Colts offensive line which was already dealing with center Jeff Saturday's recovery from knee surgery and Charlie Johnson's injured foot. Luckily, Peyton Manning has always made this line look better than it actually is.
Anthony Gonzalez, WR Tuesday 9/7, 8:15 AM CT
Anthony Gonzalez seems frustrated with his place on the Colts' depth chart to open the season, according to the Indianapolis Star. "All I wanted was an opportunity to compete," Gonzalez said. "That's it. That's what I was promised."

Our View: Gonzalez could be as low as No. 4 on the depth chart at receiver, behind Reggie Wayne, Pierre Garcon and Austin Collie. There will still be work for him in the Colts' dynamic passing game, but he'll probably need an injury to one of those guys before he garners any consistent fantasy value.
Adam Terry, T Sunday 9/5, 2:29 PM CT
The Chargers have signed offensive tackle Adam Terry, formerly of the Colts, according to Jason La Canfora of NFL.com.

Our View: Terry was released by the Colts, and San Diego is desperate for pass protectors. Still, Terry's chronic knee problems will likely keep him from contributing, though when he's healthy he's an option at guard or tackle.
Devin Moore, RB Sunday 9/5, 7:15 AM CT
Devin Moore has won the Colts return job, according to Mike Chappell of the Indianapolis Star.

Our View: Moore beat out fellow local product Ray Fisher for the punt and kick return duties. He was good enough in the offseason to send both Fisher and Brandon James to the waiver wire.
Sam Giguere, WR Saturday 9/4, 8:54 PM CT
Sam Giguere has been cut by the Indianapolis Colts, according to Aaron Wilson of the National Football Post.

Our View: Always a long-shot, he would have been a special teamer had he made the 53-man roster. Look for him to sign with Indy's practice squad in the coming days.
Tom Brandstater, QB Saturday 9/4, 12:09 PM CT
The Colts have let go of Tom Brandstater, according to ESPN's Adam Schefter.

Our View: He was cut by Denver in June and was unable to beat out Curtis Painter in Indianapolis.
Ray Fisher, CB Friday 9/3, 11:58 PM CT
According to the National Football Post, "the Indianapolis Colts have released seventh-round rookie cornerback and kick returner Ray Fisher."

Our View: He looked good in training camp, so expect him to latch onto Indy's practice squad, with a late-season recall being a real possibility.
Adam Terry, T Friday 9/3, 8:29 PM CT
The Colts have released offensive lineman Adam Terry.

Our View: A 2005 second-round pick, he has been slowed by injury since 2008. Sadly, it appears he could be at the end of the line.
Fili Moala, DT Friday 9/3, 8:12 PM CT
According to Phil Wilson of the Indianapolis Star, Fili Moala was arrested on early Friday morning on suspicion of DWI.

Our View: A second year player on the roster bubble, this can't help his chances heading into cut day on Saturday. That being said, he is still expected to make Indy's final 53-man team.