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20 March 2025

Colts Sign Daniel Jones For $14 Million In Free Agency

The signing aims to bring competition for Anthony Richardson, elevating Indianapolis' QB strategy this season.

The Indianapolis Colts made headlines with their decision to sign quarterback Daniel Jones to a one-year, $14 million deal, a move that is already stirring discussion among fans and analysts alike. This deal, which could rise to $17.7 million with incentives, positions Jones as a potentially high-paid backup in the league, a fact that has not gone unnoticed by observers in the NFL community.

Jones joins the Colts as they seek to bolster the competition for their young quarterback, Anthony Richardson. After a challenging previous season, where Richardson struggled and was briefly benched, the Colts aim to utilize Jones' experience to elevate their quarterback play. As per Pro Football Focus, the signing has been described as their "least favorite" move of the offseason, indicating mixed feelings about the decision.

According to reports, Jones is now facing the prospect of competing closely with Richardson for the starting QB role in Indianapolis. This competition is particularly crucial, considering that Richardson's inconsistency was a significant part of his season last year. With the Colts' management clearly intent on ensuring that Richardson has a formidable backup to rely on, the move to bring in Jones reflects their proactive approach to quarterback depth.

Jones, who previously spent four tumultuous years with the New York Giants under a $160 million contract, brings with him a track record of performance—having achieved a 70.0-plus grade over his last four seasons played. His time with the Giants may have been filled with ups and downs, but there's no denying that he possesses potential that can be tapped into. Coaches praised his performance during his stint on the Vikings' practice squad last season, which further justifies the Colts’ decision.

“Although you can’t knock the Colts' proactive approach to bringing in competition for Anthony Richardson, this deal makes Jones one of the highest-paid backups in the NFL,” stated Mason Cameron from PFF. He acknowledged the financial implications of this contract, particularly how Jones has the sixth-largest cap hit on the team this season, a hefty amount that puts pressure on the Colts' financial strategy.

The timing of Jones' signing comes on the heels of the NFL's legal negotiation period that kicked off on March 10, with the new league year officially beginning on March 12. During this free agency window, numerous player trades and signings occurred, including notable movements such as wide receiver DK Metcalf moving to the Steelers and quarterback Geno Smith heading to the Raiders. The wave of transactions has shaped the league landscape leading into the upcoming season.

The Vikings, meanwhile, opted against re-signing Jones—an important decision that might impact their own quarterback depth as they support young signal-caller J.J. McCarthy. The organization is currently in search of an experienced backup, especially after abandoning the notion of signing veteran Aaron Rodgers. With limited financial flexibility due to commitments to key players, the Vikings face challenges in enhancing their quarterback depth.

Reportedly, Jones' departure from the Giants and subsequent signing with the Colts leaves both teams with critical prospects at quarterback. Indianapolis is banking on the fact that Jones can push Richardson to improve further—since the Colts believe that heightened competition within the team can yield better performances. As Richardson notably improved after being reinstated as a starter last season, the Colts' strategy revolves around this trend continuing.

With Jones on the roster, he provides a vital alternative for the Colts should Richardson's performance falter again. This signing goes beyond mere depth; it embodies the team's commitment to ensuring Richardson has the best possible support system as he navigates the pressures of being a young quarterback trying to prove himself.

As the 2025 NFL season approaches, all eyes will be on the Colts and their decision to recruit Daniel Jones. Will his presence be enough to spur improvements in Richardson’s gameplay? Or will it create tension within the camp? Only time will tell, but this signing certainly keeps the narrative around quarterbacks interesting as teams adjust to new dynamics heading into what promises to be an exhilarating season ahead.

Ultimately, the Colts' gamble on Jones may prove fruitful or they may face criticism for investing a significant salary cap into a backup role. Regardless, the unfolding dynamics in Indianapolis could set the tone for how young quarterbacks develop amidst competition and evolving team strategies in the NFL.