Jonathan Taylor’s contract situation may not be dominating the conversation, but it’s very much on the Colts’ radar.
While Indianapolis spent the 2026 offseason locking in quarterback Daniel Jones on an $88 million extension and giving Alec Pierce a major new deal, one of the team’s most important offensive pieces is still waiting on his next contract. Taylor addressed that status on Wednesday and sounded optimistic about where things stand.
According to ESPN’s Stephen Holder, Taylor said “there's been some good conversations” about a new contract with the Colts. He also said “I have faith” in the Colts coming through with a new deal.
NFL insider James Palmer pointed out that Taylor’s situation has been overshadowed by the hold-ins from younger stars Jahmyr Gibbs and Bijan Robinson. Even so, Palmer made clear this is a major storyline for Indianapolis.
“With so much focus on Bijan and Gibbs, this is one that has flown under the radar a little bit, but a very big deal,” Palmer wrote.
Taylor is entering the final year of his current contract and carries a $15.56 million cap hit in 2026. The 27-year-old looked like himself again in 2025, putting together a huge season with 323 carries for 1,585 rushing yards and 18 touchdowns while averaging 4.9 yards per carry.
That production is exactly why the Colts have reason to move quickly. If they drag this out, a new deal for Gibbs or Robinson could push the running back market even higher. And if Taylor is willing to take a hometown discount, waiting only makes the bill more expensive.
There’s also the added wrinkle of offseason trade rumors surrounding Taylor, which only raises the pressure on both sides to get something done.
For now, the talks appear to be moving in the right direction. The Colts and Taylor just need to turn those “good conversations” into a deal.
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