Colts Place Transition Tag on QB Jones

Daniel Jones, who enjoyed a breakthrough campaign with the Colts in 2025, will now have the opportunity to negotiate with other teams, though Indianapolis retains the right to match any offer sheet. The transition tag, valued at $37.833M, is approximately $6M less expensive than the franchise tag for quarterbacks.

Before a season-ending injury, Jones started 13 games, passing for 3,101 yards and 19 touchdowns while maintaining a career-best 68% completion percentage. He also contributed 164 yards and five touchdowns on the ground.