Colts Lock Up Pierce, Shaking Up Free Agency

0:00It's March 9th, here's your NFL news in two minutes. The Indianapolis Colts have locked up wide receiver Alec Pierce with a new four-year contract worth $116 million. This move keeps him off the free agency market and dashes hopes for teams like the New England Patriots, Pittsburgh Steelers, and San Francisco 40. Niners The deal averages out to about $29 million per year, topping the $25 to $30 million many expected for Pierce. Earlier rumors had him as a prime target, but the Colts moved fast to bring him back. Patriots fans were especially hopeful since New England faces a tough spot at wide receiver with few options left. Now they will have to hunt elsewhere for help on offense. Meanwhile, the Steelers already handed a big paycheck to DK Mecalf, making this price tag likely out of reach anyway. The 49ers showed interest too, but could not seal the agreement. With Pierce staying put, free agency shakes up for those other squads, pointing them toward different receivers or trades as the off-season rolls on.

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