Hakeem Nicks signs one-year deal to join Indianapolis Colts

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It was a foregone conclusion, but it’s official now. Hakeem Nicks is no longer a member of the New York Giants.

Nicks, 26, signed a one-year deal with the Indianapolis Colts worth $3.5 million plus incentives. For an athlete that was once considered to be one of the most promising wide receivers in the NFL, the Colts landing Nicks looks like a steal.

Nicks was never expected to return to the Giants, and based on how low his contract turned out to be, it appears the Big Blue had no interest in bringing him back.

A season ago, Nicks was expected to command about $10 million in free agency as one of the top wideouts on the market. However, a scoreless season with the G-Men which featured a noted lack of effort and a long line of injury concerns apparently knocked his price tag down substantially.

In five seasons in East Rutherford, Nicks caught 311 passes for 4,622 yards and 27 touchdowns. After showing rapid progression through his first three seasons with the Giants, Nicks’ production dipped dramatically over the past two seasons. He scored just three touchdowns during that time span (all in 2012).

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