A feel-good story of the summer in Indianapolis and at Ball State has come to an unfortunate end.
Nate Davis was waived by the Indianapolis Colts today, only about three weeks since he signed with the team on July 26.
The former Ball State quarterback completed 3-of-7 attempts for 36 yards and no touchdowns against the St. Louis Rams Saturday night in his preseason debut.
He was competing with fellow quarterbacks Curtis Painter, Dan Orlovsky and Mike Hartline to be one of the two projected backups to Peyton Manning.
Update: DN reporter Steven Ward attended coach Jim Caldwell's Monday press conference to hear the reason behind cutting Davis.
"Really, the decision is we have too many guys to work to get ready," Caldwell said. "It's a number game. [Davis] worked hard. He's a fine young man and we wish him the best and hope that he'll catch on with somebody."