I agree 100% with most of what you said. I agree on letting Ebron walk. He has regressed to his normal play this year.
I disagree about WR. Hilton is 30 and had several lower-body injuries this year. Colts need a few explosive WRs. Supposedly Ballard has watched ND's Chase Claypool a few times this year; big-bodied, ultra-competitive WR that is also a special teams stud. Can probably steal him in the 2nd or 3rd and paired with Funchess, Campbell, and Hilton, you have a pretty solid WR corps.
I am really impressed with Love. A few people have alluded to Jordan Love's stats this year. I almost died laughing when I saw them criticize his 2019 stat line.
Last year, as a SO, Love had 32 TDs against 6 INTs and finished the season with a rating of 158.0.
Let that sink in. He had a nearly perfect (158.3) rating for the ENTIRE season. Playing at Utah State.
Furthermore, sure, scouts look at a guy's statistics. That's a small part of the equation. More important are: 1) traits (arm strength, the spin/trajectory of thrown balls, size, height, mobility) and 2) intangibles (vision, leadership, the ability to throw "touch" passes, the ability to throw off-platform, the ability to move in the pocket and keep eyes downfield, the willingness to throw WRs open, the ability to throw into tight windows).
When I look at Love's tape, he reminds me of Patrick Mahomes. His most recent game this season was his best of the year. His WRs haven't helped him much this year (tons of drops), but he still throws a beautiful deep ball and can make every single throw the NFL requires.
Pretty obvious to me they looked, didn't find an obvious upgrade, and are rolling with the "known" as opposed to rolling the dice with the unknown. Doesn't have as much to do with "C", or leadership, than simply the alternatives aren't great.