Colts Lock in Daniel Jones, Pierce Negotiates New Deal

0:00It's March 3rd, here's your NFL news in two minutes. The Indianapolis Colt have locked in quarterback Daniel Jones for at least 2026 by placing the transition tag on him. They made the announcement on Tuesday right before the 4pm Eastern Tagging Deadline hit. This move gives the Colt's the option to match any offer Jones gets from another team in free agency. If they pass on matching, they won't get any draft pick compensation in return. The one-year deal under this tag is worth $37,833,000, which is less than the franchise tag would, have cost at $43,895,000. Jones stepped up big before his injury, leading the team to an 8-5 record in his starts. He completed 68% of his passes for 3,101 yards, with 19 touchdowns and just 8 interceptions. He's still working back from a torn Achilles he suffered in early December. The transition tag is pretty rare these days. It's only the 7th time it's been used since 2013.

1:00For the Colts, it's their first go at it since 1998, showing they're serious about keeping their quarterback situation stable. Meanwhile, wider receiver Alec Pierce is now on track to hit unrestricted free agency next week. That said, his camp and the Colts have been negotiating a new deal, and Pierce wants to stick around to keep throwing passes with Jones. This DNN story is thanks to our sponsor details in the description. Some travel miles to find peace. I just climb into bed and listen. S-O-L-I-SoliPillow.com