Though he's on the tail end of his career, Houston (30) is still a very effective pass rusher. His 22 sacks that season are still tied for the second-highest single-season total in league history.
Ballard certainly understands what he's getting in Houston from their time together in Kansas City, where Ballard served on the player personnel staff from 2013 to 2016.
ESPN.com reported the deal is for two years and $24 million.
Joel Dahmen, Sepp Straka share early lead at Valspar Championship
It was the second albatross in a week on the PGA Tour, after American Harris English recorded one at the Players Championship. Just two back to start the day, he'll start Sunday 10 behind thanks to a scorecard that included seven bogeys.
"Of course I would have liked to play my whole career in one place, but that's not neither here or there", Houston said.
Indeed, although their relative inactivity early in free agency led to some hand-wringing among fans and analysts that watched the silly money spent by teams with less cap space than the Colts, Ballard simply refused to spend just for the sake of spending.
He also forced five fumbles and had an interception last season. The Colts later re-signed two more starters, cornerback Pierre Desir and safety Clayton Geathers. The only other free agent he added to the roster was former Carolina receiver Devin Funchess. "That's over and done with. I'm here now. I'm excited to be a Colt and I'm going to make the best of this opportunity". He had nine sacks a year ago in 12 games played for the team.
He was the Chiefs' third-round pick in 2011.