Ultimately, as head coach Shane Stiechen has said, the most consistent of the two will win the starting quarterback job. But, as Graziano mentions, if the battle is close, it's important to note that the Colts have a lot more invested in Richardson than Jones. Richardson also comes with a much higher ceiling.

Erickson and Nate Atkins recap the sixth day of Indianapolis Colts training camp. Clark Wade. Watch Next

July 29 - The Indianapolis Colts announced a contract extension on Tuesday with left tackle Bernhard Raimann. Terms were not disclosed, but NFL Network reported it was a four-year, $100 million deal with $60 million guaranteed.

The Indianapolis Colts and left tackle Bernhard Raimann agreed to a four-year, $100 million extension that includes $60 million guaranteed, per NFL Network's Mike Garafolo. Raimann was entering the final year of his rookie deal.