The Indianapolis Colts have granted Jonathan Taylor permission to seek a trade.

The Colts, however, will be seeking significant trade compensation to trade Taylor. The Colts are looking for a first round draft pick or a collection of picks that equates to one.

Any team that trades for Taylor will certainly have to sign him to an extension. The Colts have shown no willingness to extend Taylor and could be prepared to use the franchise tag on him.

Taylor complained of issues associated with his surgically repaired right ankle when he arrived for camp and failed his pre-camp physical