Daniel Jones signs record-breaking 2-year, $88M deal with Indianapolis Colts

Daniel Jones joined the Indianapolis Colts ahead of the 2025 campaign and quickly proved his value. The deal's structure, with heavy guarantees and record-setting value, shows Indianapolis Colts' front office views Jones as the key to their future success.

Aachal Maniyar
Updated11 Mar 2026, 11:44 PM IST
Daniel Jones contract
Daniel Jones contract(X)

The Indianapolis Colts have locked in quarterback Daniel Jones with a massive two-year, $88 million contract, marking one of the boldest moves in recent NFL free agency. Announced on Wednesday (March 11), the deal shatters records for the largest two-year pact in league history and reflects the team's strong belief in Jones after his breakout 2025 season.

Details about Daniel Jones' contract

The contract includes $50 million guaranteed at signing and $60 million fully guaranteed for injury, with a potential max value reaching $100 million.

This agreement follows the Indianapolis Colts' decision to place the transition tag on Jones earlier this month, which would have paid him $37.833 million for the 2026 season alone. Instead, both sides worked quickly to secure a longer-term partnership, avoiding any drawn-out negotiations or potential offers from rival teams.

Also Read | Kalif Raymond signs one-year deal with Chicago Bears; reunites with Ben Johnson

Strong 2025 performance fuels confidence

Daniel Jones joined the Indianapolis Colts ahead of the 2025 campaign and quickly proved his value. In 13 starts, he threw for 3,101 yards, 19 touchdowns, and just eight interceptions, posting an impressive 100.2 passer rating. His mobility added another dimension, as he rushed for five touchdowns.

The numbers marked a career resurgence for the 28-year-old, who was originally the No. 6 overall pick by the New York Giants in 2019. Across his time with the Giants (2019-24) and Colts, Jones holds a 24-44-1 record as a starter, with 17,683 passing yards, 89 touchdowns, 55 interceptions, plus 2,343 rushing yards and 20 scores on the ground.

Injury recovery on track for training camp

Daniel Jones suffered a torn right Achilles tendon on December 7, 2025, sidelining him for the remainder of the season. Despite the setback, he is expected to be ready for training camp in 2026.

The Indianapolis Colts appear fully committed to Jones as their starter moving forward. Reports indicate the team plans to trade or release quarterback Anthony Richardson, the No. 4 overall pick in the 2023 NFL Draft, clearing the path for Jones to lead the offense.

Also Read | Trey Hendrickson trade: Baltimore Ravens land pass rusher on 4-year, $112M deal

This signing represents a significant investment in stability at the quarterback position. After Jones' strong play in 2025, Indianapolis aims to build on that momentum and contend in the competitive AFC South.

The deal's structure, with heavy guarantees and record-setting value, shows the Colts' front office views Jones as the key to their future success.

Also Read | Isiah Pacheco signs with Detroit Lions after Kansas City Chiefs departure

Fans in Indianapolis can look forward to seeing him under center once he completes his rehab.

About the Author

Aachal Maniyar is a Senior Content Producer at LiveMint, where she covers US sports with a focus on major leagues, marquee events, and athlete-driven stories, while also reporting extensively on cricket and global sports. With over five years of first-hand journalism experience, she combines sharp editorial judgment with real-time sports storytelling across platforms. <br><br> Her reporting journey spans leading newsrooms including Thomson Reuters, India TV, BTVI, ET NOW, and CNBC TV18, where she has worked across breaking news, live match coverage, feature writing, interviews, video scripting, and anchoring. This multi-platform exposure has shaped her ability to deliver context-rich sports and business journalism tailored for both television and digital audiences. <br><br> Aachal has conducted and produced exclusive interviews with athletes and public figures such as India cricketer Dhruv Jurel, Indian women’s hockey captain Savita Punia, and industrialist Ratan Tata, along with several emerging and established sports personalities. Her body of work includes in-depth explainers, athlete profiles, emotionally resonant fan narratives, and data-backed match analysis across cricket, Olympic sports, and international competitions. <br><br> She holds a Master’s degree in Journalism from Symbiosis Institute of Media and Communication, Pune, and believes in reporting that is grounded in accuracy, clarity, and credibility. Her philosophy is simple: sports journalism should go beyond scores and statistics, capturing the human stories, pressure moments, and decisions that shape the game and the people who play it.

Get Latest real-time updates

Stay updated with all the latest news and insights on Cricket, Football, and Tennis at Livemint Sports. Catch the live action of theT20 World Cup 2026 with the complete T20 World Cup 2026 Schedule, and the T20 World Cup 2026 Points Table. Also, know who are currently leading the charts for Most Runs in T20 World Cup 2026 and Most Wickets in T20 World Cup 2026.

HomeSportsDaniel Jones signs record-breaking 2-year, $88M deal with Indianapolis Colts
More