Analyzing the Colts' First Round Draft Pick

Even without a first round pick in 2014, the Colts managed to reach the playoffs. Who can help them get back and through the AFC championships?

As an organization, there is only one draft move that still baffles Colts fans, whether it be in Baltimore or in Indianapolis.
The Colts made it to the playoffs and convincingly defeated the Broncos, but ended up losing bad to the Patriots. How did they fare grade-wise?
With the possibility of Reggie Wayne having played his last season in a Colts uniform, will Indianapolis find free agents to help rebuild from the team's glory years?