(INDIANAPOLIS) - The Indianapolis Colts continue to adjust their roster.
Team Owner Jim Irsay reports via Twitter that the team has signed third-round draft pick TY Hilton.
Hilton, a wide receiver out of Florida International, caught 72 passes for 1,038 yards as a senior. He is expected to return kicks as well as competing for time as the team's slot receiver.
Hilton ran a 4.36 in the 40-yard dash at FIU's pro day and is probably the fastest member of the Colts. He becomes the seventh of the Colts' ten draft picks to come to terms. Still left unsigned are the top three picks - quarterback Andrew Luck, tight end Coby Fleener and tight end Dwayne Allen.
The Colts also claimed cornerback Korey Lindsey off waivers from the Arizona Cardinals. Lindsey was a seventh-round draft pick of the Cincinnati Bengals in 2011 and spent most of last season on the Cardinals' practice squad. To make room for Lindsey, Indianapolis waived safety Micah Pellerin.
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