The Indianapolis Colts have been mentioned as a potential trade suitor for Philadelphia Eagles quarterback Carson Wentz, but general manager Chris Ballard said nothing is imminent.

Ballard told Dan Dakich of 107.5 The Fan there will not be a trade between the two teams on Friday, if at all:

“We are exploring lots of options,” Ballard said regarding the Wentz rumors, per Kevin Bowen of 107.5 The Fan. “I can tell you this, there’s no trade going down today.”

This statement comes after a report suggesting a Wentz trade might indeed be “close.” If that proves to be true, it seems the Colts will pass on Wentz.

Indianapolis was thought to be an interested suitor in the Matthew Stafford sweepstakes. But there were mixed reports about what Ballard was willing to offer the Detroit Lions in exchange for the veteran gunslinger.

Ballard has stressed the importance of draft capital and has really only traded it away when he felt it was absolutely necessary, like last year's deal to land DeForest Buckner from the San Francisco 49ers.

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GM Chris Ballard in the middle, Jared Verse, Troy Franklin, Jaden Hicks around him, and Indianapolis Colts wallpaper in the background

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Still, Indy needs to find a solution at the quarterback position following Philip Rivers' retirement. The Colts could possibly look to move up in the draft, though Ballard told Dakich there is no urgent desire to be aggressive. Perhaps the Colts will gamble on a free agent such as Jameis Winston.

Regardless, Ballard and the Colts are biding their time and letting the chips fall where they may. Indy will not overpay or get into a bidding war for Wentz or any other quarterback seemingly on the trade block.