Jones served as Indianapolis’ starter for 13 games, posting an 8-5 record before suffering a Week 14 Achilles injury that sidelined him late in the season. He is set to become a free agent when the league year begins on March 11, but negotiations have already begun toward a potential long-term agreement.
Sources indicate Jones is eager to remain in Indianapolis, where he showcased peak form before his injury and helped the Colts approach a playoff berth. The Colts, likewise, are seeking a multi-year deal they believe reflects Jones’ performance as their quarterback of the present and near future.
If the teams cannot agree on terms, applying either the franchise or transition tag would be the next logical step, ensuring Jones remains in Indianapolis while the Colts finalize long-term plans. The timing of these discussions is critical, as the tag deadline coincides with the post-combine window.
Beyond Jones, the Colts are evaluating a longer-term contract for wide receiver Alec Pierce, a frequent target who posted a career-high in receptions and receiving yards before Jones’ injury. Pelissero noted the two-way impact of Jones’ contract talks on Pierce, with the possibility of tagging Pierce if Jones secures a deal.
Overall, Cleveland- or Indianapolis-centric draft intrigue aside, the central storyline entering the Combine is whether the Colts can retain Jones on a durable, multi-year agreement and how that decision will shape their wider roster strategy.