Colts Place Transition Tag on Daniel Jones

0:00It's March 3rd, here's your NFL news in 2 minutes, subscribe to stay locked in all season. The Indianapolis Colts have placed a transition tag on quarterback Daniel Jones, signaling their plan to keep him as the starter heading into 20s, 26. This move came right before Tuesday's deadline and keeps the former New York Giants player in the fold for now after his strong start last season, ended with an injury. Jones led the Colts to a great early record in 2025, proving he's a solid option, especially with backup Anthony Richardson now free, too. Explore trades. The team couldn't agree on an extension yet, so they went with a transition tag, which cost about $38 million, $6 million less, than the franchise tag price. This tag lets Jones talk to other teams in free agency and sign an offer sheet, but the Colts can match it. Unlike the franchise tag, they won't get draft picks if they pass, adding some risk. It also means wide receiver Alec Pierce heads to the open market, since teams can only

1:02use one tag. The $38 million cap hit would make Jones the highest paid player on the roster, topping Michael Pittman Jr's $29 million. Still, experts project he could land a two-year deal worth $88 million if they extend, putting his average annual value in line with top, quarterbacks. Jones and the Colts have until July 15th, 2026, to work out a long-term deal. Otherwise, he'll play next season under the tag and hit free agency again in 2027, but all signs point to him staying put in. Indianapolis, appreciation to our sponsor for backing this episode. Headphones in a pillow, simple idea, surprisingly addictive, S-O-L-I-SOL-Pillow.com