Colts Sign QB Daniel Jones in New Deal

Bassyonni

Published: March 11, 2026 4:07 PM ET

The Indianapolis Colts have made a significant move by officially signing quarterback Daniel Jones to a two-year contract extension worth $88 million. This deal marks the largest two-year contract in NFL history, with the potential to reach $100 million through performance incentives.

Details of the Contract

According to NFL insider Jordan Schultz, the contract guarantees $50 million fully, with an additional $10 million injury guarantee. This amount is notably higher than previous contracts awarded to quarterbacks like Sam Darnold and Baker Mayfield.

Comparison with Previous Contracts

Sam Darnold (Seahawks): Last year’s contract was in a lower range than Jones’ agreement.
Baker Mayfield (Buccaneers): Started negotiations at a more modest figure than Jones received.

Daniel Jones previously played under a one-year, $14 million contract, and this extension significantly boosts his salary. With this new agreement, the Colts are focusing on stabilizing their quarterback position, as they have cycled through eight different starting quarterbacks in the last nine seasons.

Colts’ Strategy and Future Outlook

The decision to move Jones off the transition tag demonstrates the Colts’ commitment to him as a cornerstone of their offense. By finalizing this contract before the 2026 league year, they free up substantial cap space while securing more guaranteed money for Jones.

Jones’ Performance and Injury History

Jones, who turns 29 soon, had a promising start last season but faced injury challenges, including ACL and Achilles tears. Despite these setbacks, he has recorded a commendable 68% completion rate and a 19:8 touchdown-to-interception ratio. The Colts will rely on his experience to lead their offense effectively.

Team Adjustments

The Colts have also made notable roster changes. Key wide receiver Michael Pittman Jr. was traded to the Steelers, creating adjustments in the receiving corps. Jones is now expected to work with Alec Pierce, Josh Downs, and Tyler Warren as his primary targets in the upcoming season.

Quarterback Carousel

Owner Carlie Irsay-Gordon and general manager Chris Ballard have endured a challenging period characterized by instability at the quarterback position. This contract extension offers hope that Jones can provide the consistency the team desperately needs.

Conclusion

The Colts are optimistic that this lucrative new deal for Daniel Jones will not only improve their chances in the coming season but also help end the franchise’s lengthy period of quarterback uncertainty since Andrew Luck’s retirement. With the right support and performance, Jones might solidify his position in Indianapolis and pave the way for future success.