My early thoughts on FA are OFFENSE! The value just isn't really there on the defensive side of the ball. I think I can see us picking up a vet CB and a competing ILB, but the potential is there to bet big on a No. 2 WR, one of the best guards available, and a veteran RB all in one FA. Last year the off-season felt ALL about defense (with a need for RB depth and O-line of course). This year I see no reason why defense is more important than offense. We were just bad all around this year, and I'd love love to see us invest well into the side of the ball that automatically has the most potential because Andrew Luck is playing on that side.
In other words I'd be delighted with:
Jarvis Landry- WR
Andrew Norwell- OG
Jack Mewhort- OG (I don't think his market value is going to be too high, so I think re-signing for a modest rate is likely)
Carlos Hyde- RB
Trumaine Johnson- CB
Kevin Minter- ILB
Bring back Mevlin and/or Desir
Probably bring back Bostic
Bring us back some healthy safeties with a full off-season, get us a pass rusher in the draft, and above all a healthy Luck and I'd feel good just at looking at the early potential of us nailing this off-season.