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Sermon wasn't tendered by the Colts, making him an unrestricted free agent, Tom Pelissero of NFL Network reports.
Sermon rushed 35 times for 160 yards as a member of the Colts in 2023, but the team didn't retain his rights as a restricted free agent, even after watching fellow running back Zack Moss sign with the Bengals in free agency. Sermon will look to sign with another team and compete for a roster spot in camp.
