McKenzie and the Giants reached agreement Tuesday on a one-year contract,Jordan Raanan of ESPN.com reports.

The Colts placed McKenzie on their reserve/suspended list for the remainder of the season Tuesday for conduct detrimental to the team, Nate Atkins of The Indianapolis Star reports.

McKenzie is inactive for Saturday's game against the Steelers.

McKenzie (toe) was a full participant in Thursday's practice.

McKenzie (toe) was listed as a non-participant on the Colts' practice estimate Wednesday, James Boyd of The Athletic reports.

McKenzie had one carry for three yards and didn't have a target in Sunday's win over Tampa Bay. He returned one punt for 13 yards.

McKenzie reeled in all four of this targets for 31 yards in Sunday's 10-6 win over the Patriots.

McKenzie had two receptions for 12 yards on three targets in Sunday's win at Carolina. He also had three punt returns for an 11-yard average.

McKenzie had one carry for seven yards but did not have a target in Sunday's loss to Cleveland. He also returned two kickoffs for a 19-yard average and four punts for a 9.5-yard average.

McKenzie had two receptions for 23 yards on two targets and returned two punts for 13 yards in Sunday's loss at Jacksonville.