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.