Daniel Jones Signs Two-Year Contract with Indianapolis Colts
Daniel Jones has signed a two-year contract with the Indianapolis Colts worth $88 million, which can increase to $100 million with performance incentives. This deal marks a new chapter for Jones, who is recovering from a torn Achilles but is expected to be ready for the start of the regular season.
Upon signing, Jones received $50 million fully guaranteed at signing, with an additional $60 million guaranteed for injury. This substantial financial commitment reflects the Colts’ confidence in Jones, especially after he had a breakthrough season in 2025, leading an explosive offense before his injury.
Prior to joining the Colts, Jones was drafted sixth overall by the New York Giants in 2019. His tenure with the Giants was tumultuous, culminating in his release in November 2024. Over his career, Jones has passed for a total of 17,683 yards, with 89 touchdowns and 55 interceptions. His performance has garnered attention, and the Colts are banking on his potential to revitalize their offense.
The Colts made strategic moves leading up to Jones’ signing, including placing a transition tag on him before the March 3 deadline. This decision allowed the team to secure his services while also managing their salary cap effectively. In a related move, the Colts re-signed wide receiver Alec Pierce to a four-year, $116 million contract, further solidifying their offensive lineup.
Additionally, the Colts traded wide receiver Michael Pittman Jr. to the Pittsburgh Steelers, saving $24 million against the salary cap. This trade, along with Jones’ signing, indicates a significant shift in the Colts’ roster as they aim to build a competitive team for the upcoming season.
Jones expressed enthusiasm about his new opportunity, stating, “I’m fired up to be back and definitely grateful for the opportunity to be back and here with the Colts.” His excitement reflects a desire to contribute positively to the team’s success and to move past the challenges he faced with the Giants.
As the Colts prepare for the upcoming season, observers are keen to see how Jones will perform as their starting quarterback. His recovery from injury and ability to lead the team will be closely monitored. Details remain unconfirmed regarding his exact readiness for the season opener, but the Colts’ investment in Jones suggests they have high expectations for his impact on the field.
