The Indianapolis Colts 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 they would receive no draft compensation if they decline.
Understanding the Transition Tag
Unlike the standard franchise tag, valued at $43.9 million for quarterbacks, the transition tag offers $37.8 million. The Atlanta Falcons last employed 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 on 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 and the Colts, who lost six consecutive games and missed the playoffs. Yet, his performance when healthy convinced the organization of his value.
Ongoing Contract Negotiations
Jones currently negotiates a long-term extension with the Colts, though financial details remain undisclosed.
Richardson’s Uncertain Future
Meanwhile, backup quarterback Anthony Richardson and the Colts mutually agree to pursue a trade this offseason. Plagued by injuries over three years—limiting him to 17 games—Richardson posted a 47.7% completion rate in 2024.
In 2025, he appeared in two games, completing one of two passes. A fractured orbital bone from a pregame incident sidelined him from mid-October. The Colts view sixth-round pick Riley Leonard as a viable backup, reducing Richardson’s role next season.
