As the 2026 NFL offseason approaches, the Indianapolis Colts must resolve the contract situation for quarterback Daniel Jones, whose strong performance during the 2025 season has placed him at the center of the team’s priorities. The Colts are focused on finalizing an agreement to extend Jones’ contract before turning their attention to other roster decisions, with discussions expected to intensify around the NFL Scouting Combine.
Upcoming Negotiations and Franchise Tag Deadline
Tom Pelissero of NFL Network provided insight into the status of these negotiations just before the Combine kicked off. The two sides have been engaging in talks for a multi-year deal aimed at keeping Jones with the Colts. Both parties are motivated to reach a deal, as Jones has expressed a desire to remain in Indianapolis and the team values his contributions.
It is also a big week for the Colts and Daniel Jones, who have been in negotiations on a multi-year contract extension to keep him in Indianapolis,
Pelissero remarked.
The sides, I anticipate, would meet face to face this week. Jones wants to stay here in Indianapolis. The Colts want to keep Jones, who was playing his best football prior to injuries last year, including the Achilles tear that he’s rehabbing from.
– Tom Pelissero, NFL Network
The deadline to apply the franchise or transition tag, March 3, serves as a key milestone in these talks. If an agreement on a multi-year deal does not materialize by that date, the Colts could resort to tagging Jones to retain his rights for the upcoming season.
The question really is what exactly is that number that makes sense on a multi-year deal? If the sides cannot come to an agreement on that, a tag is an option,
Pelissero added.
Whether that is the franchise tag or the transition tag, the deadline for applying it is March 3rd, just two days after the Combine ends.
– Tom Pelissero, NFL Network
Jones’ 2025 Campaign and Injury Impact
Daniel Jones showed significant promise in 2025, guiding the Colts to an 8-2 record prior to their bye week. Unfortunately, his season was cut short by a series of injuries, culminating in a devastating Achilles tear that ended his year prematurely. The team struggled to maintain momentum afterward, concluding the season on a seven-game losing streak.
Additional Roster Considerations Amid Contract Discussions
Beyond Jones, the Colts are also interested in retaining wide receiver Alec Pierce, with both players likely to factor heavily into upcoming contract strategies. The organization reportedly aims to secure a long-term pact with one player while using the franchise tag on the other, balancing stability and flexibility moving forward.
With the NFL Scouting Combine taking place in Indianapolis, the Colts have an ideal opportunity for direct negotiations on both contract matters and roster planning during this critical week.
Implications for the Colts’ Future
Resolving Daniel Jones’ contract status will be pivotal for the Colts as they plan their future trajectory. A timely agreement could solidify the quarterback position and provide needed leadership stability, while a missed deadline might force the team into a short-term tagging approach. As negotiations unfold, the outcome will significantly influence the Colts’ strategy heading into the next season.
It’s a big week for Maxx Crosby and the Raiders, who continue to discuss his future, as well as Daniel Jones and the Colts, who have eight days to strike a deal or potentially tag him. @gmfb @nflnetwork pic.twitter.com/EfztRoorlh
— Tom Pelissero (@TomPelissero) February 23, 2026
