History is easily forgotten.
People expect a quick turnaround and to be at the top of the AFC South like they were in the 2000s. However, Bill Polian inherited Marshall Faulk, Tarik Glenn, Marvin Harrison, and drafted Peyton Manning in his first year in Indy. Ballard inherited an injured Andrew Luck and TY Hilton. Polian didn't build good teams by signing expensive free agents. He did it by building around great players that the team drafted.
Grigson was agressive in free agency. Some of the players brought in did help but it didn't set the team up for long-term success and his poor drafting left this team with a lot of holes.
We have seen the right way to build a team for long-term success and the wrong way. Ballard is on the right track. We all know the Colts have a lot of cap space, and he almost has to spend some of it, but just because he doesn't sign the most expensive free agents doesn't mean the guys he will sign are bad. The real key is the draft. This team needs to start drafting well so that they have players worth giving second contracts to and not ending up with a bunch of cap space.