Colts Sign Daniel Jones to Two-Year Contract

Colts Sign Daniel Jones to Two-Year Contract

The Indianapolis Colts have made a significant move by signing quarterback Daniel Jones to a two-year contract. This agreement effectively replaces his previous transition tag for the 2026 season.

Contract Details

The total base value of the contract is set at $88 million, an increase of approximately $5 million compared to the original transition tag, which totaled around $83.233 million over two years. The financial breakdown is as follows:

  • Base Value: $88 million
  • Guaranteed Amount at Signing: $50 million
  • Annual Incentives: Up to $6 million
  • Maximum Contract Value: $100 million

Annual Earnings Structure

Daniel Jones will receive $50 million in 2026, excluding any performance incentives. In the following year, 2027, he will earn $38 million, with $10 million guaranteed for injury upon signing.

Contract Guarantee Details

The $10 million guaranteed for injury will become fully guaranteed by March 2024. This provides a strategic pivot for the Colts, as they will need to decide whether to retain the quarterback or terminate the contract at that point.

As the Colts look to enhance their roster, this contract signifies their commitment to ensuring Daniel Jones remains a central figure in their future plans.