Quarterback Daniel Jones is set to remain with the Indianapolis Colts after the two sides reached agreement on a new contract, according to his agents. The deal is for two years and is valued at $88 million, with incentives that could push the total value up to $100 million. The agreement was disclosed Wednesday to ESPN’s Adam Schefter.
The two-year pact positions Jones as a key part of the Colts’ immediate future at quarterback. By committing significant short-term money, Indianapolis signals its intention to maintain stability at the position while preserving flexibility beyond the length of this contract. The incentive structure, which could add up to $12 million on top of the base value, reflects a performance-based component common in high-end quarterback deals, though specific benchmarks were not disclosed.
This agreement also underscores the league-wide premium placed on experienced starting quarterbacks. A two-year, $88 million commitment indicates that the Colts view Jones as capable of leading the offense in the near term. The contract framework allows the team to evaluate its long-range plans at quarterback while giving Jones the opportunity to further establish himself and potentially position for another significant contract in the future.
Details about guarantees, salary breakdown, and cap charges were not immediately available. However, deals of this size typically include a substantial portion of money guaranteed at signing, along with a structure that balances immediate roster needs with longer-term financial planning under the NFL salary cap.
With this agreement in place, Indianapolis avoids uncertainty at the game’s most important position as offseason preparations and roster construction continue. The move gives the Colts clarity heading into free agency and the draft, with Jones locked in as a central figure in their offensive plans for the next two seasons.
The team had not publicly announced the contract at the time the agreement was reported, and no further terms beyond the length, base value, and potential maximum were made available.
