Colts Place Transition Tag on Daniel Jones
The Indianapolis Colts are placing the transition tag on impending free-agent quarterback Daniel Jones (Achilles) on Tuesday, sources told Adam Schefter of ESPN. The transition tag is $37.833 million, more than $6 million cheaper than the QB franchise tag. It allows Jones to sign an offer sheet with another team, with the Colts having the right to match any offer. The Minnesota Vikings are a team to watch, although they probably aren't in a position to spend big at the position this offseason with limited salary cap space. The 28-year-old and the Colts now have until July 15 to work out a long-term extension, and there is mutual interest on both sides. Jones completed 68% of his passes for 3,101 yards with 19 touchdowns and eight interceptions before tearing his Achilles in Week 14. He was given a six- to eight-month timetable after having surgery in December. Jones' 2026 fantasy value will depend on whether he stays with the Colts and whether he'll be ready to go for Week 1.
Source: ESPN - Adam Schefter
Source: ESPN - Adam Schefter
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