Chris Ballard admitted on Wednesday that the situation between the Indianapolis Colts and Jonathan Taylor "sucks" for the team, player and fans.

The Colts placed Taylor on the physically unable to perform list after they were unable to trade him prior to Tuesday's self-imposed deadline.

"I'm not going to sit here and give you some rosy picture, like, 'Oh, everything's OK,'" Ballard said. "It sucks for the Colts. It sucks for Jonathan Taylor. And it sucks for our fans. It just does. It's where we're at and we've got to work through it and we're going to do everything we can to work through it. Relationships are repairable. They're repairable."

Taylor is entering the final year of his contract and the Colts told the running back in May that they would not be giving him an extension prior to the 2023 season.

The running back requested a trade when reporting for training camp and, last week, was given permission to seek a trade partner. 

"I want everybody to know, Jonathan is a well-respected and a really good human being and a damn good football player," the general manager said. "I think we all know this. Things like this happen. I tell every rookie that comes in, there's going to be a point when we disagree and it's usually about money and it's going to be hard. And just know that doesn't change my care level for you. I care deeply for Jonathan Taylor.

"I won't quit on the relationship."