The Colts and Daniel Jones agreed to the transition tag on Tuesday, loosely binding the team and player on a one-year deal worth $6 million less than the franchise tag threshold for NFL quarterbacks.
And while that most likely means that this is a placeholder while the team simultaneously tracks Jones’s progress from a season-ending ACL injury and ties said progress into a longer-term deal—while also trying to fit Jones’s No. 1 wide receiver, Alec Pierce, into the Colts’ long-term financial plan given that Pierce is a top-rated free agent—it also may be the precursor to a fatal error by the franchise.
