Colts Sign QB Daniel Jones to New Deal
The Indianapolis Colts have officially signed quarterback Daniel Jones to a two-year extension worth $88 million. This deal is a significant milestone, marking it as the largest two-year contract in NFL history, according to NFL insider Jordan Schultz. The contract has a total value that could reach $100 million with incentives.
Contract Details
Jones’ new deal includes:
- $50 million fully guaranteed
- An additional $10 million guaranteed for injury
- Potential for a $500,000 bonus per game won, provided he plays at least 50% of the offensive snaps
- Considerations for cap savings as the Colts move Jones’ previous $37.83 million transition tag off the books
This agreement follows a season where Jones played under a one-year contract worth $14 million. The Colts were eager to retain Jones due to the struggles they faced with quarterback consistency, having employed eight different starters in the past nine seasons.
Jones’ Career and Performance
At 29, Jones aims to solidify his position following an injury-ridden campaign. He had previously inked a four-year, $160 million deal with the New York Giants. However, that contract was cut short due to performance issues. The Colts believe this extension provides them with stability in the quarterback position.
Last season, Jones started strong, leading the Colts to an 8-2 record before suffering injuries, including an Achilles tear and previous neck issues. He completed 68% of his passes for a career-high average of 8.1 yards per attempt, along with a 19:8 touchdown-to-interception ratio. This performance has set a high benchmark for his new contract.
Future Outlook
The Colts’ commitment to Jones is seen as a move to end the post-Andrew Luck era of quarterback uncertainty. As important decisions unfold, including potential trades involving talented players and adjustments in team composition, Jones is expected to step up as a pivotal figure. Following the trade of Michael Pittman Jr., he will now focus on building chemistry with new targets.
The outcome of this contract will significantly impact not only Jones’ future but also the management of the Colts moving forward. The franchise hopes that this hefty investment will yield a fruitful return, allowing them to finally find stability at the quarterback position.
