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The Indianapolis Colts placed the transition tag on quarterback Daniel Jones (Achilles) on Tuesday, which means that wide receiver Alec Pierce will become an unrestricted free agent. The Colts' goal has been to keep both Jones and Pierce around, and the Colts continue to negotiate a long-term deal with Pierce, but The Athletic's James Boyd and Dianni Russini wouldn't be surprised if Pierce "waits until all interested suitors can make their pitches." It means that the 25-year-old wideout probably won't re-sign with the Colts until after the league-wide negotiating window opens next Monday. He'll be in high demand on the open market after emerging as Indy's No. 1 receiver in 2025 while posting his first career 1,000-yard season. Pierce also led the NFL in yards per catch (21.3) for the second straight season. The rising wideout would have been much more likely to sign a long-term deal with the Colts had they already locked Jones into a long-term extension.--Keith Hernandez
Source: The Athletic - James Boyd and Dianna Russini
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