Sources: Colts to re-sign QB Jones to $88M deal

Mar 11, 2026, 11:30 AM ETOpen Extended Reactions

The Indianapolis Colts and quarterback Daniel Jones reached agreement Wednesday on a two-year, $88 million contract that can be worth up to $100 million, sources told ESPN’s Adam Schefter.

The Colts had placed the rarely used transition tag on Jones before the March 3 deadline. That allowed the Colts to match any offer sheet he might have signed. If he had played on the tender, he would have been paid $37.833 million this season.

That decision allowed top wide receiver Alec Pierce to test free agency, but the Colts

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