Summary
The Indianapolis Colts decided to place a transition tag on quarterback Daniel Jones. This allows them to match any offer he gets from other teams but also means they risk losing him. The decision affects their salary cap and will impact their ability to keep wide receiver Alec Pierce.
Key Facts
- The Colts placed a transition tag on quarterback Daniel Jones.
- A transition tag lets the Colts match any offers Jones gets from other teams.
- The transition tag for Jones is $37.833 million, which is cheaper than the franchise tag.
- Because of the tag on Jones, they cannot place a franchise tag on wide receiver Alec Pierce.
- Alec Pierce is now a free agent and can talk to other teams about new deals.
- The Colts are over the salary cap by $4.7 million.
- By signing Jones to a new deal, they could lower his salary cap impact.
- The team has decided to move on from quarterback Anthony Richardson.
