The Colts cut Pennix from the practice squad Saturday.
EDGE Analysis
Pennix signed with the Colts' practice squad Oct. 1. Although Jonathan Taylor (ankle) has been ruled out for Week 5 against the Jaguars due to a mild high-ankle sprain, the Colts have opted to elevate Evan Hull from the practice squad to the active roster to serve as the No. 3 running back behind Trey Sermon and Tyler Goodson. Once he clears waivers, Pennix will explore his options and look to catch on with a team in need of backfield depth. The move corresponds with Indianapolis signing corner Alex Johnson to the practice squad.