The Indianapolis Colts are poised to use the franchise tag on either QB Daniel Jones or WR Alec Pierce, according to CBS’s Jonathan Jones. Jones, set to be an unrestricted free agent after a one-year, $14 million deal, carries a hefty projected franchise tag of $47.3 million for 2026, especially after his Achilles injury. Conversely, Pierce, in the final year of his rookie contract, may attract a better deal due to a weak wide receiver free-agency market. In 2025, Jones threw for 3,101 yards and 19 touchdowns, while Pierce recorded 1,004 receiving yards and six touchdowns.
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