Indianapolis Colts general manager Chris Ballard knows his team is in desperate need of a stable quarterback and admitted to reporters Tuesday that he "failed" in recent seasons.

Ballard added that the Colts are willing to be aggressive in trying to acquire a franchise quarterback this offseason, even if that means trading up from the fourth overall pick in April’s draft.

"I'll do whatever it takes," he said. "If we thought there's a player that we're driven to get that makes the franchise and the team better, that's what we would do.

"We understand the importance of the position. To get one that you can win with and to be right is the most important thing -- not if we take one or not. It's being right."

The franchise once fortunate enough to replace Peyton Manning with Andrew Luck under center has been searching for answers ever since Luck retired following the 2018 season.

Over the past four seasons, Ballard has brought in four different opening-day starters at quarterback – Jacoby Brissett, Philip Rivers, Carson Wentz and Matt Ryan – all with disappointing results.

"Looking back on it, when you're changing quarterbacks every year, it's tough," Ballard said. "It's tough on everybody. It's tough on the team. Not getting that position settled has a little something to do with [the team's record].

"I failed. I'm not going to sit up here and make excuses. I failed a lot of people."

The Colts find themselves behind only the Chicago Bears, Houston Texans and Arizona Cardinals in April's draft order, with only the Texans having a glaring need at quarterback.

If division rivals Houston and Indianapolis were to get into a bidding war for the top pick, however, the Texans would appear to have the advantage, holding three extra picks in the 2023 draft as a result of trading away embattled quarterback Deshaun Watson to the Cleveland Browns.