Colts Ink Alec Pierce to Lucrative 4-Year Deal

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The Indianapolis Colts have signed wide receiver Alec Pierce to a 4-year, $114 million contract that includes a $26 million signing bonus. The deal is structured in a way that gives the Colts extra salary cap flexibility in 2026, with Pierce's cap hit that year set at only $9.2 million. This is achieved through the inclusion of a void year in 2030 that spreads out the signing bonus cap hit.

Why it matters

The Colts' ability to manage the salary cap is crucial for their long-term success, as it allows them to retain key players and build a competitive roster. By structuring Pierce's contract in this manner, Indianapolis can reduce his immediate cap impact and have more resources available to address other roster needs in the near future.

The details

Pierce's contract includes a $26 million signing bonus that is prorated over the 4-year term of the deal, plus a $4 million base salary in 2026. This results in a relatively low $9.2 million cap hit for the Colts that season. The contract then ramps up in subsequent years, with Pierce's base salary jumping to $30 million in 2027 and $27 million in 2028. The deal also includes a void year in 2030 that will spread out the remaining $5.2 million in prorated signing bonus if the Colts do not negotiate an extension with Pierce prior to that.

• Pierce signed the 4-year contract on March 14, 2026.

What’s next

The Colts will look to build around Alec Pierce and their other key offensive weapons as they aim to contend for a playoff spot in the 2026 NFL season.