Steelers Acquire Michael Pittman from Colts

By Shane Hallam | Updated on Mon, Mar 9 2026 5:39 PM UTC

WR Michael Pittman has been traded from the Indianapolis Colts to the Pittsburgh Steelers. After signing Alec Pierce to a $28.5 million average annual salary, the Colts will move on from Pittman. The Steelers had little receiving depth behind WR D.K. Metcalf, so Pittman adds a No. 2 possession WR for HC Mike McCarthy's new offense. Unfortunately, the uncertainty around the Steelers QB position still makes Pittman a shaky fantasy asset, even if Aaron Rodgers returns.

What They're Saying

Adam Schefter of ESPN: "Trade: Michael Pittman is being traded to the Steelers.

Trade terms: Teams are swapping late-round picks.
The Steelers are signing their new WR Michael Pittman to a three-year, $59 million deal."

2026 Fantasy Football Impact

Pierce sits as the big winner, being paid as a No.1 WR and losing target competition with Pittman moving on. TE Tyler Warren and WR Josh Downs should benefit as well.

The Steelers acquired Pittman as their No. 2 WR for little trade cost, with only a late-round pick swap. The new offense should lean on throwing the ball more, at least. But until the QB situation is resolved, it will be tough to trust Pittman as a consistent fantasy asset in 2026.

Dynasty Impact

Pittman could be an intriguing dynasty value. With the Steelers potentially in position to draft a young QB in 2026 or 2027, the passing game could come together under McCarthy to be better than we saw under Mike Tomlin.

Shane Hallam, Writer

Shane has over 20 years of experience creating content and playing every fantasy football format, including redraft, dynasty, devy, C2C, IDP, CFF, and more. He is a multi-year winner of $500 dynasty leagues on the FFPC and a King's Classic Champion. Shane utilizes deep film and scheme study to enhance his fantasy performance. He led the industry in 2024 preseason Kicker Rankings and ranked second in preseason QB Rankings. He also ranked eighth in preseason IDP rankings.