Colts Sign WR Pierce to Record-Breaking Deal

0:00NFL Store is making news on March 9th. The Indianapolis Colts just locked up wide receiver Alec Pierce with a massive four-year contract worth $114 million. It could reach $116 million, with $84 million guaranteed. This marks the biggest deal ever for a free agent receiver in the NFL. Earlier this week, as the free agency period kicked off, the Colts moved fast to keep Pierce from hitting the open market. They couldn't use the franchise tag on him worth $27.3 million for receivers, because the Giants placed a transition tag on, quarterback Daniel Jones first. Fans and analysts are reacting with some surprise at the price tag. Pierce is only 25 and coming off his first 1,000 yard season, but his career stats show 2,934 yards. Over four years, with no season topping 1,03 yards or 47 catches, Pierce stands out as a deep threat, leading the league in yards per catch the last two seasons. He scored 17 touchdowns in 64 games, and even without Alec quarterbacks, he's forced

1:04defenses to adjust in ways that stomp fully, capture. We'll have to see how this deal holds up over time. The Colts clearly see him as a cornerstone, but it's a bold bet on his upside. The Daily News Now is presented by our sponsor, Layback, press play, let the pillow do the rest. It meets comfort, S-O-L-I, solely pillow.com.