The Packers and Colts continue a busy weekend ahead of free agency as the two teams have reportedly come to an agreement to trade Green Bay defensive tackle Colby Wooden for Indianapolis linebacker Zaire Franklin, per Ian Rapoport of NFL Network. No picks were needed to facilitate what is simply a player for player deal that results in both teams filling a position of need.
The Packers motivation for the Packers is clear here. Given that off-ball linebackers are grouped into the same fifth-year option calculation as outside linebackers, first-round linebackers hardly ever see their fifth-year options picked up. This was the case with Packers’ 2022 first-round pick Quay Walker, who is bound for free agency after four years in Green Bay. The Packers evaluated well when they landed linebacker Edgerrin Cooper in the second round two years ago, but in a base 3-4 defense, they need a second solid starter at inside backer.
The Packers did not intend to let Walker go quietly. According to Tom Pelissero of NFL Network, the team made several runs in an attempt to re-sign him before free agency. The acquisition of Franklin all but guarantees that Walker is bound for the open market, and he’s expected to make a bit of a splash there whenever he does.
Franklin was a late bloomer for the Colts, joining the team as a seventh-round pick out of Syracuse in 2018 and not establishing himself as a full-time starter until his fifth year with the team. In his first three years in Indy, Franklin spent most of his time on special teams, though he did rotate in on defense occasionally and fill in as a spot starter. Despite his humble contributions to the stat sheet, Franklin made his presence felt in the building. An organizational favorite, he was named a team captain in his third year with the team. His reputation throughout the building in those first three years likely made him standout in the mind then-defensive backs coach Jonathan Gannon. Now Green Bay’s new defensive coordinator, Gannon may have had a preference on who would replace Walker.
In 2021, Franklin started to see a bit more playing time while still playing second fiddle to All-Pro Shaquille Leonard and Bobby Okereke. By 2022, though, Leonard was extremely limited from offseason back surgery, and Franklin got his first opportunity to work as a full-time starter in the NFL. He made that opportunity count as he led the team in total tackles (167) and tackles for loss (12, career high).
After finishing fourth in the NFL in total tackles in his first year as a starter, Franklin finished second in league in 2023 with 179 tackles (a career high) and finally led the league in 2024 with 173. His efforts as the league-leading tackler landed him second-team All-Pro honors as he supplemented the eye-popping stat with 11 tackles for loss, a career-high 3.5 sacks, two interceptions, six passes defensed, and five forced fumbles. His numbers dropped off a bit in 2025, but even in a down statistical year, Franklin led the team in total tackles (125), adding seven tackles for loss, two sacks, and five passes defensed.
Even before he got his opportunity as a full-time starter, the Colts showed their faith in Franklin by re-signing him on a three-year, $12MM contract to keep him from free agency after his rookie contract expired. After seeing Franklin in his role as a starter for two years, the team avoided letting him play on a contract year, agreeing to extend him on a three-year, $31.26MM deal. That extended deal still has two years remaining on it. With a $6.24MM base salary and per game roster bonus that could total $765K, he represents a $7MM cap hit for his new team in 2026. That $7MM will come off the books in Indianapolis as the team looks to create some cap with intentions to try and hold on to pending free agents Daniel Jones and Alec Pierce, but they’ll need to add back to the linebacking corps at some point after losing Franklin.
Wooden has also been a bit of a late bloomer as he enters the final year of his rookie contract. A fourth-round pick out of Auburn in 2023, Wooden played a rotational role in his first two years with the team, appearing in 30 games over that time and not logging his first start until Week 12 of his sophomore campaign. In limited time, he was still able to make a decent impact, totaling 37 tackles, three tackles for loss, four quarterback hits, a half sack, and two batted passes. He became a full-time starter of Year 3 in Green Bay, only coming off the bench in the team’s regular season finale.
With veteran defensive tackle Neville Gallimore set to become a free agent, Wooden comes in to add some depth and starting experience to the line. USA Today’s Ryan Wood notes that Wooden way Green Bay’s best run defender on the interior line, but that doesn’t speak to much as Pro Football Focus (subscription required) still graded Wooden’s run defense quite a bit below average. Still, Wooden’s first season as a starter was generally perceived as solid, and he’s sure to continue improving as he gets more game time under his belt.
In Green Bay, Wooden’s departure means a lost starter along the defensive line, and that could be exacerbated as the team still doesn’t appear to be in a great position with outside linebacker Rashan Gary. Labeled a likely cut candidate, it seemed as though Gary’s time with the Packers had run out with a viral social media post yesterday, but claims of an Instagram hack disputed the release of the veteran defender. It’s still believed, though, that Gary could be traded or released, per Rapoport. If that does happen, the Packers be searching for pass rushing help on both the edge and the interior line.
In the end, each team scratches the other’s back a bit in this deal. The Colts are giving the Packers a capable, former All-Pro starter to replace what they’re losing at inside linebacker, and the Packers are taking some of the salary cap burden off the Colts shoulders and supplying them with some depth and starting experience along the defensive line. Both teams are far from being done making moves, but there opening action here in the leadup to free agency gives us a glimpse at their overall goals for the offseason.
