Colts Sign WR Alec Pierce to Record-Setting $116M Contract

The 4-year deal makes Pierce the highest-paid free agent wide receiver in NFL history.

Published on Mar. 10, 2026

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The Indianapolis Colts have signed wide receiver Alec Pierce to a 4-year, $116 million contract, making him the highest-paid free agent wide receiver in NFL history. The deal includes $84 million in guarantees, with $60 million fully guaranteed at signing. Pierce, 25, is coming off a breakout 2025 season where he had 1,003 receiving yards and 6 touchdowns.

Why it matters

Retaining Pierce was a top priority for the Colts this offseason, as he has emerged as one of the league's premier deep threats over the past two seasons. The record-setting contract underscores his value to the team and their commitment to building around quarterback Daniel Jones.

The details

Pierce confirmed the agreement on social media, while the Colts acknowledged the signing without releasing financial details. The 4-year deal averages roughly $29 million per season, making Pierce the highest-paid free agent wide receiver in NFL history. In 2025, Pierce caught 47 passes for 1,003 yards and 6 touchdowns, marking the first 1,000-yard season of his career. He led the NFL in yards per reception in both 2024 and 2025.

  • The Colts signed Pierce to the 4-year, $116 million contract on March 10, 2026.

The players

Alec Pierce

A 25-year-old wide receiver who was drafted by the Indianapolis Colts in the 2nd round in 2022 out of the University of Cincinnati. He has emerged as one of the league's top deep threats over the past two seasons.

Daniel Jones

The Colts' starting quarterback, who the team is expected to sign to a long-term contract extension this offseason.

Indianapolis Colts

The NFL franchise that drafted Alec Pierce and has now signed him to a record-setting 4-year, $116 million contract.

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What they’re saying

“I knew where my heart was. I knew I love the city of Indianapolis. Just seeing where we were at last year, early in the year, we were rolling. I truly believed we were the No. 1 team in the NFL. Obviously, didn't finish out the season like we should have, but I think we can get back to where we were. I believe in Daniel [Jones], I know they're gonna get his deal done and lock him down. I think we can be special.”

— Alec Pierce (The Pat McAfee Show)

What’s next

The Colts are expected to finalize a long-term contract extension with quarterback Daniel Jones in the coming weeks, solidifying their offensive core for the foreseeable future.

The takeaway

The Colts' record-setting investment in Alec Pierce underscores their belief that he can be a cornerstone of their passing attack alongside quarterback Daniel Jones. Retaining elite playmakers is crucial for a team looking to compete for a Super Bowl, and Indianapolis has now locked up one of the NFL's most dynamic young wide receivers.