Ethan Fernea: Reaches injury settlement

Indianapolis waived Fernea (undisclosed) from its injured reserve with an injury settlement Tuesday, Aaron Wilson of KPRC 2 Houston reports.

Fernea appeared in the Colts' preseason opener against the Broncos, catching his lone target for 18 yards while playing 19 snaps (16 on offense, three on special teams). He was waived by Indianapolis on Wednesday and reverted to the Colts' IR after going unclaimed off waivers. Fernea was set to miss the entire 2024 season, but with the injury settlement, he will be able to sign with another team once he's fully healthy.