Colts Use Rare Transition Tag to Retain QB Daniel Jones

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The Indianapolis Colts have placed the transition tag on quarterback Daniel Jones, marking a rare NFL strategy not seen since 1996. This move allows Jones to negotiate with other teams while giving the Colts the right to match any offer, though without draft compensation if they decline.

Understanding the Transition Tag

Unlike the standard franchise tag, which guarantees $43.9 million, the transition tag offers $37.8 million. It provides flexibility for long-term negotiations but carries risks for the team. The Atlanta Falcons last used it on former Colts quarterback Jeff George to secure his services.

Jones’ Revival and Setback in Indianapolis

After a challenging exit from the New York Giants in 2024, Jones excelled with the Colts in 2025 under a one-year, $14 million contract. The team stood at 8-4 when he suffered a season-ending Achilles tear in Week 14 against the Jacksonville Jaguars on December 7.

The injury derailed both Jones’ campaign and the Colts’, who lost six consecutive games and missed the playoffs. Officials view his pre-injury performance as a strong foundation for the future.

Ongoing Contract Discussions

NFL Insider Tom Pelissero indicates Jones is negotiating a long-term extension with the Colts. Contract details remain undisclosed.

Richardson’s Trade Pursuit

Meanwhile, backup quarterback Anthony Richardson and the Colts have mutually agreed to explore trade options this offseason. Plagued by injuries—limiting him to 17 games over three years—Richardson posted a 47.7% completion rate in 2024.

In 2025, he appeared in two games, completing one of two passes. He sat out from mid-October after fracturing his orbital bone in a pregame incident. The Colts see sixth-round pick Riley Leonard as a viable backup, reducing Richardson’s role next season.

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