Colts’ first Daniel Jones offer sits near Darnold’s deal under transition tag

The Colts’ initial offer to Daniel Jones was reportedly in the same $100.5 million, three-year ballpark as Sam Darnold’s deal. Indy chose a transition tag rather than a franchise tag, resulting in a two-year payout of about $83.237 million (roughly $41.62 million per year) with $37.833 million for 2026 and a 20% bump for 2027, and opening the door to other teams’ offer sheets while Jones recovers from an Achilles injury. The Colts’ plan hinges on whether another team makes a viable offer they’d be willing to match beyond the 4:00 p.m. ET deadline.