The Indianapolis Colts are at a crossroads as they kick off the 2026 offseason, with a pivotal decision looming over their quarterback situation. The team is in the midst of contract talks with QB Daniel Jones, whose stellar performance in the first half of the 2025 season turned heads.
Locking down Jones is clearly a priority for the Colts before they tackle other roster needs. Fortunately, it seems these negotiations might soon reach a resolution.
NFL insider Tom Pelissero recently shared insights into the ongoing discussions between Jones and the Colts, just ahead of the NFL Scouting Combine.
“This is a crucial week for the Colts and Daniel Jones, as they’re working on a multi-year contract extension to keep him in Indianapolis,” Pelissero noted. “Both parties are expected to meet face to face this week. Jones is keen to stay in Indy, and the Colts are eager to retain him, especially considering his outstanding play before his injuries last year, including the Achilles tear he’s currently rehabbing.”
Jones was a revelation in 2025, steering the Colts to an impressive 8-2 record before their bye week. However, the season took a downturn when injuries sidelined him, with the Achilles tear marking the end of his season. The Colts struggled without him, ending the season on a seven-game losing streak.
Pelissero highlighted the importance of the franchise tag deadline on March 3rd as a potential turning point in these negotiations.
“The real question is finding that sweet spot for a multi-year deal. If they can’t agree, tagging Jones remains an option,” Pelissero explained. “Whether it’s the franchise tag or the transition tag, March 3rd is the deadline, just two days after the Combine wraps up.”
Pelissero also mentioned the Colts’ desire to retain both Jones and wide receiver Alec Pierce. Ideally, the team hopes to secure one with the franchise tag and the other with a long-term deal.
The upcoming NFL Scouting Combine, conveniently set in Indianapolis, could provide the perfect backdrop for both sides to advance in their negotiations.