Coach Shane Steichen told Kevin Bowen of 107.5 The Fan Indianapolis on Wednesday that Pierce (ankle) is "in a great spot right now. ... Hopefully, we will have him back soon."
When Pierce initially underwent a clean-up procedure on his left ankle in April, he was facing a three-month recovery timetable. He then kicked off training camp on the active/PUP list, where he remains as of Wednesday. On Tuesday, Pierce put in some individual work on the side under the supervision of a trainer, and Steichen noted that the wide receiver was "moving around really good." Once Pierce gets healthy -- whenever that may be -- he'll be looking to justify the four-year, $114 million contract he signed with the Colts back in March.