The Indianapolis Colts have moved to retain two key pieces of their roster, signing wide receiver Alec Pierce to a significant new contract and placing the transition tag on quarterback Daniel Jones, according to Adam Schefter of ESPN.
The move ensures that both players remain in Indianapolis as the team looks to solidify its core for the upcoming season. Pierce, who has emerged as a primary target in the Colts' passing game, reportedly reached an agreement on a "big deal" to stay with the franchise long-term. The specific financial terms of the contract have not yet been disclosed.
Meanwhile, the transition tag for Jones allows the Colts the right of first refusal to match any offer sheet he might receive from another team during the free agency period. By utilizing the tag, the Colts are prioritizing stability at the quarterback position while securing Pierce as a cornerstone of their offense. These transactions come as the NFL's signing period begins to heat up, signaling the team's aggressive approach to roster management this offseason.
This is a developing story. Check back for updates.
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