Indianapolis Colts fire Jim Caldwell
No replacement was immediately named. Caldwell is the second head to fly after a season in which Indianapolis could not overcome the loss of quarterback Peyton Manning to a season-ending neck injury. General Manager Bill Polian was also fired a few weeks ago and former Philadelphia Eagles' director of player personnel, Ryan Grigson was named his successor. Grigson likely wants to bring in his own coach on his own terms.
Caldwell took the Colts to the Super Bowl in his first season, but the team has deteriorated since then. In three seasons he compiled a record of 26-22.
The Colts are clearly in a rebuilding mode, which could likely be centered around drafting Stanford quarterback Andrew Luck with the first pick of the 2012 NFL Draft.
It is possible that Grigson could target his former offensive coordinator in Philadelphia, and former Detroit Lions' head coach, Marty Mornhinweg for the vacancy. They have also reportedly been in contact with former St. Louis Rams' coach Steve Spagnuolo, Tennessee Titans' defensive coordinator Jerry Gray and former Minnesota Vikings' head coach Brad Childress.
We will update this thread as more information becomes available.