NFL Draft: How Much Value Have Colts Gotten from 1st-Round Picks?

NFL Draft: How Much Value Have Colts Gotten from 1st-Round Picks?
Fact Checked by Pat McLoone

After coming within a victory of the postseason for the first time since 2020, the Indianapolis Colts are hopeful that Year 2 of the Shane Steichen era can net a return to the sport’s postseason and a prosperous future full of youthful talent.

That hope is shared by Colts fans and Indiana sportsbooks.

So, we were curious to see in advance of the April 25-27 NFL draft if the Colts had been doing a good job with first-round selections.

Utilizing, – your source for Indiana betting apps - utilized the approximate value (AV) statistic to combine the total approximate value of the career of each NFL team’s first-round draft picks from 2014 to 2023. The teams were then ranked on the AV per pick to see what team has utilized their picks the best..

NFL Teams AV Total Since 2014

RankTeamTotal Approximate Value# of 1st Round Draft PicksAverage Approximate Value Per Pick
1Los Angeles Rams285471.3
2Dallas Cowboys372941.3
3Chicago Bears253736.1
4Buffalo Bills322935.8
5Tampa Bay Buccaneers312934.7
6Kansas City Chiefs235733.6
7Baltimore Ravens4281332.9
8Indianapolis Colts174629.0
T-9Carolina Panthers2891028.9
T-9Miami Dolphins3181128.9
11Pittsburgh Steelers258928.7
12San Francisco 49ers3141128.5
13New York Giants3401228.3
14Cleveland Browns3371228.1
15New Orleans Saints3361228.0
16Atlanta Falcons3051127.7
17Tennessee Titans2981127.1
18Las Vegas Raiders3151226.3
19Los Angeles Chargers2871126.1
20Denver Broncos203825.4
21Arizona Cardinals226925.1
22Detroit Lions3001225.0
23Washington Commanders2461024.6
24Jacksonville Jaguars2901224.2
25Minnesota Vikings2411024.1
26Houston Texans183822.9
27New York Jets2861322.0
T-28Cincinnati Bengals1911019.1
T-28Green Bay Packers1911019.1
30Philadelphia Eagles1881018.8
31New England Patriots136817.0
32Seattle Seahawks110715.7


Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate & present in IN. Gambling problem? Call 1-800-GAMBLER. Visit for Terms & Conditions. US promotional offers not available in NY, NV, or Puerto Rico.

Colts Solidly in Top 10

Since 2014, the Colts have the NFL’s eighth-best approximate value per draft pick average (29.0 per pick), ranking between the No. 8 Baltimore Ravens (32.9 AV per pick) and the Carolina Panthers and Miami Dolphins, who tied for 9th overall at 28.9 AV.

The Colts only have had eight first-round draft picks, but that group has produced 174 AV among them, with Quenton Nelson (62 AV), Ryan Kelly (52 AV) and Malik Hooker (21 AV) being the team’s standard-bearers.

Leaguewide, the Los Angeles Rams had the NFL’s highest AV per first-round pick between 2014 and 2023, at 71.3 (four picks, 285 AV). The Dallas Cowboys (9 picks, 372 AV/41.3 AV), Chicago Bears (7 picks, 253 AV/36.1 AV) and Buffalo Bills (9 picks, 322 AV/35.8 AV) ranked ahead of the Colts when it came to first-round bang for your buck totals.

When broken down by raw AV totals, the Ravens (428 AV) beat out the Dallas Cowboys (372 AV), New York Giants (340 AV), Cleveland Browns (337 AV) and New Orleans Saints (336 AV), illustrating that draft hauls can’t produce success on the field by themselves.

If you decide to wager on the Colts, make sure you have a Fanatics Indiana sportsbook promo code or one from the state’s other operators.



Christopher Boan is a staff writer for He has covered sports and sports betting for more than seven years and has worked for publications such as, the Tucson Weekly and the Green Valley News.