Swoope's contract with the Colts' practice squad expired Monday, per the league's official transaction log.
The fact Indianapolis didn't extend Swoope a reserve/future contract offer suggests Swoope won't be spending the 2019 offseason with the Colts.
The Colts re-signed Swoope to their practice squad Wednesday.
For the third time this season, Swoope will return to the organization after having previously been released. Following his most recent release, it initially looked as though Swoope would find a home in New Orleans, but the Saints sent him back to the waiver wire after he failed a physical. The Colts are apparently more comfortable with Swoope's health and could promote him to the active roster ahead of their Week 17 matchup with the Titans if there's any concern about top tight end Eric Ebron's (concussion) availability for that contest.
Swoope failed his physical and was waived by the Saints on Thursday, Josh Katzenstein of The New Orleans Times-Picayune reports.
It isn't clear what came up during Swoope's physical, but he'll nonetheless become available to other squads once again this week. The tight end played in seven games with the Colts earlier this season, catching eight passes for 87 yards and three scores on 10 targets.
The Colts waived Swoope on Tuesday.
Though he hasn't played more than 22 offensive snaps in any of his seven games this season, Swoope had offered some marginal value in two-tight end formats after scoring three times on only eight receptions. His red-zone efficiency aside, Swoope clearly wasn't as held in high regard by the Colts as the other college-basketball-player-turned-tight-end on the roster, Mo Alie-Cox (calf). The team's decision to cut Swoope likely signals that Indianapolis expects Alie-Cox to return to action Sunday against Dallas following a three-game absence.