Full Breakdown
Daniel Jones Secures Two-Year Contract with Indianapolis Colts
3/11/2026, 9:05:05 PM
Contract Agreement Details
The Indianapolis Colts have finalized a two-year contract with quarterback Daniel Jones, valued at $88 million, with the potential to reach $100 million through incentives. This agreement, confirmed by multiple sources including ESPN's Adam Schefter and NFL Network's Tom Pelissero, marks the largest two-year contract in NFL history. The deal includes $60 million guaranteed, a significant increase from the transition tag amount of $37.8 million that Jones was set to earn for the 2026 season.
Background on Daniel Jones
Daniel Jones, 28, joined the Colts last season on a one-year, $14 million deal after a tumultuous period with the New York Giants and a brief stint on the Minnesota Vikings' practice squad. Initially drafted sixth overall by the Giants in 2019, Jones faced challenges in his early career but demonstrated significant improvement during his time with the Colts. In 2025, he led the team to an 8-2 record before suffering a season-ending torn Achilles tendon in December, which curtailed the Colts' playoff aspirations.
Performance Highlights
During his 13 games with the Colts, Jones showcased his capabilities by completing 68% of his passes for 3,101 yards, 19 touchdowns, and eight interceptions. His performance ranked him among the top quarterbacks in several statistical categories, including third in net yards per attempt and sixth in completion percentage. His ability to lead the offense effectively under head coach Shane Steichen was evident, particularly in the early part of the season.
Official Statements & Responses
The Colts expressed their commitment to Jones, emphasizing their desire for him to be the starting quarterback moving forward. Head coach Shane Steichen praised Jones's work ethic and preparation, noting, “The way he works and the way he goes about his business and his preparation is phenomenal.” This sentiment reflects the organization's confidence in Jones's potential to return to form post-injury.
Criticism & Opposition
Despite the optimism surrounding Jones's return, concerns remain regarding his health and injury history. Critics point out that Jones has faced multiple significant injuries throughout his career, raising questions about his long-term viability as a starter. The Colts' decision to invest heavily in Jones comes with inherent risks, particularly given the team's lack of a first-round pick in the upcoming drafts.
What's Next
Looking ahead, Jones's recovery from his Achilles injury will be closely monitored, with expectations that he will be ready for the start of the 2026 NFL season. The Colts are also expected to make strategic decisions regarding their roster, particularly concerning backup quarterbacks, as they aim to replicate the success they experienced early in the previous season.
Verbatim Quotes
- “The Colts and QB Daniel Jones are finalizing a two-year, $88 million deal that can be worth up to $100 million with incentives, sources tell me and @RapSheet,” — Tom Pelissero, NFL Network
- “The way he works and the way he goes about his business and his preparation is phenomenal,” — Shane Steichen, Head Coach, Indianapolis Colts
This contract solidifies Jones's position with the Colts as they look to build on last season's promising start, while also navigating the challenges posed by his recent injury.
