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The Indianapolis Colts and quarterback Daniel Jones have made progress on a long-term deal, but nothing has been finalized yet, sources told Jordan Schultz of FOX Sports. Both sides remain in contact. The Colts placed the transition tag on Jones, which will pay him a fully guaranteed $37.83 million for 2026 if he doesn't sign a long-term extension. Jones' representatives reportedly countered a previous long-term offer by Indy and asked for $50 million per season. The two sides were pretty far apart on the numbers, but it sounds like they're getting closer to a middle ground to lock Jones up as their starter under center for the future. The 28-year-old former sixth overall pick by the New York Giants in 2019 out of Duke was having a career year in his first year in Indy in 2025, throwing for 3,101 yards, 19 touchdowns, and eight interceptions before tearing his Achilles in the second half of the year. It sounds like something will eventually get done, and he'll return to the Colts. As far as Jones' fantasy value goes, there will be a lot of skepticism with him spending all offseason rehabbing his Achilles tendon tear.--Keith Hernandez
Source: FOX Sports - Jordan Schultz
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