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There is no momentum between the Indianapolis Colts and impending free-agent quarterback Daniel Jones (Achilles) on a long-term deal, which means a transition tag is "now the expected outcome" at the deadline on Tuesday, according to Ian Rapoport of the NFL Network. Jones would make $37.8 million in 2026 on the transition tag, but it would also give him the chance to find a bigger contract in free agency while negotiating with other teams. In the meantime, it looks like Indy could strike a long-term deal with receiver Alec Pierce as they look to keep both Jones and Pierce in the fold in 2026 and beyond. Jones was having one of his best seasons in 2025 before tearing his Achilles in Week 14 against the Jacksonville Jaguars, and he finished with 3,101 passing yards, 19 touchdown passes, and eight interceptions in 13 starts. Returning to Indy would be ideal from a familiarity standpoint, but fantasy managers will be hesitant that Jones can replicate his success last year while coming off a serious injury.--Keith Hernandez
Source: NFL Network - Ian Rapoport
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