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Colts Weigh Transition Tag for Daniel Jones as Talks Stall Before Deadline

A tag on the quarterback would block Indianapolis from tagging Alec Pierce, increasing the chance the receiver tests free agency.

Overview

  • Multiple outlets report the Colts and Daniel Jones are not close on a long-term deal, with the March 3 tag deadline approaching.
  • ESPN reporting indicates Indianapolis is prepared to use the transition tag on Jones if no agreement is reached, giving the team matching rights but no draft-pick compensation.
  • Because only one tag can be used, tagging Jones would likely leave Alec Pierce untagged and potentially free to negotiate with other teams.
  • General manager Chris Ballard has said the tag is a tool the team has but not its preferred path, as the club continues pushing for extensions.
  • Pierce is expected to draw a strong market exceeding $20 million per year, while Jones is coming off a 2025 season with 3,101 passing yards and 19 touchdowns before a December Achilles tear.