Colts, Daniel Jones Not Close to a Contract Extension
As of Saturday morning, "it doesn't sound close" as far as the Indianapolis Colts and quarterback Daniel Jones (Achilles) on a long-term contract extension, according to Dan Graziano of ESPN. If the Colts can't get a deal done with Jones by Tuesday's tag deadline, it "sounds like they'll put the transition tag on him." However, that means wide receiver Alec Pierce could hit free agency, and another team could sign Jones to an offer sheet. Graziano thinks the Colts will still push to get a long-term deal with Jones done. Jones would receive $43.9 million on the franchise tag and $37.8 million on the transition tag. Locking Jones into a long-term deal is also the best way to get Pierce to want to return in 2026 and beyond. Even though the 28-year-old signal-caller suffered a torn Achilles in the second half of last year, he'd be in high demand if he were to reach the open market after having a bounce-back campaign in Indy before his injury.
Source: ESPN.com - Dan Graziano
Source: ESPN.com - Dan Graziano
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