Colts running back Jonathan Taylor will not practice on Wednesday, Indianapolis head coach Shane Steichen said, but it should not be taken as an indicator that Taylor's injury is more serious than previously thought.

Jonathan Taylor signed a 3-year, $42 million contract with the Colts last season, according to Spotrac.com. It included a $10.248 million signing bonus with $26.5 million guaranteed. Taylor is earning a base salary of $7,804,000 this season with a dead cap hit of $23,152,445 per Sportrac.