One of those included re-signing wide receiver Alec Pierce, and the team achieved that by agreeing to a four-year deal for as much as $116 million with the wideout. Initially, he was thought to be able to return close to the start of training camp. Ultimately, Alec Pierce is rehabbing from surgery nearly five months after he had it, but when he returns remains a mystery. The Indianapolis Colts likely understood Pierce was hurt and still might have overpaid for a wideout who has yet to have 50 catches in a season. This would further imply that general manager Chris Ballard overpaid for Alec Pierce.