AlecPierce

News: 1 day agoCoach Shane Steichen told Kevin Bowen of 107.5 The Fan Indianapolis on Wednesday that Pierce (ankle) is "in a great spot right now. ... Hopefully, we will have him back soon."

Spin: When Pierce initially underwent a clean-up procedure on his left ankle in April, he was facing a three-month recovery timetable. He then kicked off training camp on the active/PUP list, where he remains as of Wednesday. On Tuesday, Pierce put in some individual work on the side under the supervision of a trainer, and Steichen noted that the wide receiver was "moving around really good." Once Pierce gets healthy -- whenever that may be -- he'll be looking to justify the four-year, $114 million contract he signed with the Colts back in March.

ESPN Fantasy Projection: Pierce has spent the majority of his first four NFL seasons as a situational deep threat, but that didn't stop him from becoming one of the league's highest-paid wide receivers during the offseason. The 2022 second-round pick is fresh off a career year and he's now paced all receivers in YPR, YPT and aDOT each of the last two seasons. However, he's yet to finish a season better than 48th at WR in target share (18%), 42nd in targets (84), 45th in catches (47), 18th in yards (1,003), 18th in TDs (seven) or 25th in fantasy PPG. Of course, with Michael Pittman Jr. no longer in the mix, Pierce is a good bet for a more well-rounded role as Daniel Jones' top target. There's some risk here, but the 26-year-old's hefty contract suggests we should take him seriously as a fantasy WR3.