The Indianapolis Colts placed the transition tag on quarterback Daniel Jones on Wednesday, reviving a seldom-used NFL strategy last seen in 1996.
Understanding the Transition Tag
This tag offers Jones $37.8 million, less than the $43.9 million franchise tag. It permits Jones to negotiate long-term deals with other teams while giving the Colts the option to match any offer. If they decline to match, they lose Jones without receiving draft picks in return.
The Atlanta Falcons previously applied this tag to quarterback Jeff George, a former Colts player, to secure his services.
Jones Thrives Before Injury
Following a challenging exit from the New York Giants in 2024, Jones flourished with the Colts in 2025 on a one-year, $14 million contract. The team stood at 8-4 when he suffered a season-ending torn Achilles in Week 14 against the Jacksonville Jaguars on December 7.
His absence sparked six straight losses, costing the Colts a playoff spot. Officials value his healthy performance and confirm ongoing talks for a long-term extension.
Richardson Eyes Trade Amid Backup Battle
Backup quarterback Anthony Richardson and the Colts mutually agreed to explore trade options this offseason. Injuries limited Richardson to 17 games over three seasons, with a 47.7% completion rate in 2024.
Last year, he played two games, completing one of two passes, before a pregame accident fractured his orbital bone, sidelining him from mid-October. The Colts see 2025 sixth-round pick Riley Leonard as a reliable backup, reducing Richardson’s role.
