Colts Re-Sign QB Daniel Jones to Two-Year, $88M Deal

Jones' return to Indy expected to boost fantasy production for Alec Pierce, Tyler Warren, and Jonathon Taylor.

Mar. 12, 2026 at 12:18am

Got story updates? Submit your updates here. ›

The Indianapolis Colts have re-signed quarterback Daniel Jones to a two-year, $88 million contract that could be worth up to $100 million with incentives. Jones was effective when healthy in 2025, leading the Colts' offense before suffering a torn Achilles. The team believes Jones can regain that form and lead them back to the playoffs.

Why it matters

Jones' return provides stability at quarterback for the Colts, who are looking to end their playoff drought. His dual-threat ability should continue to benefit the fantasy production of top targets Alec Pierce and Tyler Warren, as well as running back Jonathon Taylor.

The details

In 13 games last season, Jones completed 261 of 384 passes for 3,101 yards, 19 touchdowns, and 8 interceptions. He also added 45 carries for 164 yards and 5 rushing touchdowns. The Colts traded away Michael Pittman Jr. in the offseason, clearing the way for Pierce to emerge as the team's top wide receiver. Tight end Tyler Warren and slot receiver Joshua Downs should also see increased targets with Jones back under center.

  • Jones suffered a torn Achilles against the Jaguars in the 2025 season.
  • The Colts used the transition tag on Jones before free agency began.
  • Jones and the Colts agreed to the two-year, $88 million contract on March 11, 2026.

The players

Daniel Jones

A dual-threat quarterback who the Colts believe can be their franchise QB if he can stay healthy.

Alec Pierce

The Colts' top wide receiver after the team traded away Michael Pittman Jr. in the offseason.

Tyler Warren

The Colts' starting tight end who should see an increased role in the passing game with Jones back.

Jonathon Taylor

The Colts' star running back who will continue to have a high-volume workload in the ground game.

Got photos? Submit your photos here. ›

What’s next

The Colts will look for Jones to stay healthy and lead them back to the playoffs for the first time since 2020.

The takeaway

With Jones back under center, the Colts' offense should continue to be one of the more productive units in the NFL, boosting the fantasy value of key skill position players like Pierce, Warren, and Taylor.