Colts Use Transition Tag on Jones, Pierce to Free Agency

0:00For the NFL, it's March 3rd. Here's what's happening. Make sure you're subscribed so you never miss an update. The Indianapolis Colts have placed quarter-vag Daniel Jones under the transition tag after failing to agree on a long-term deal before the deadline. This one-year tender is worth $37,833,000 and lets the team match any offer he gets in free. Agency, next week. Tots between Jones and the Colts will keep going. But the transition tag means no draft picks if they pass on matching an offer from another team. Unlike the franchise tag, which guarantees compensation, this moves to just the Colts do not expect huge bids for Jones. Jones went 8-5 as a starter last season, over 13 games, throwing for 3,101 yards, 19 touchdowns, and just 8 picks at a 68% completion rate. The team sees him as their top shot at a division title, their first since 2014.

1:00With the tag used on Jones, wide receiver Alec Pierce heads to free agency, though reports say a deal feels close after positive talks. Pierce broke out with 1,000 yards on fewer than 50 catches, becoming a hot, deep threat. The Colts have about 33 million in cap space as free agency opens next Wednesday, so expect focus on locking up Pierce while managing costs. Around Jones. The ending is sponsored by our partner. What is cooler than cool? A pillow that plays your sound. S-O-L-I-SoliPillo.com.