{"id":787573,"date":"2026-03-02T21:44:14","date_gmt":"2026-03-02T21:44:14","guid":{"rendered":"https:\/\/www.rawchili.com\/nfl\/787573\/"},"modified":"2026-03-02T21:44:14","modified_gmt":"2026-03-02T21:44:14","slug":"deadline-for-colts-to-franchise-tag-daniel-jones-or-alec-pierce-approaching","status":"publish","type":"post","link":"https:\/\/www.rawchili.com\/nfl\/787573\/","title":{"rendered":"Deadline for Colts to franchise tag Daniel Jones or Alec Pierce approaching"},"content":{"rendered":"<p>March 2, 2026, 12:43 p.m. ET<\/p>\n<p class=\"gnt_ar_b_p\">The <a href=\"\/\" data-t-l=\":b|e|k|\u2691u\" class=\"gnt_ar_b_a\">Indianapolis Colts<\/a> are a prime candidate to use the franchise tag or transition tag this offseason. So, when is the deadline to do so?<\/p>\n<p class=\"gnt_ar_b_p\">The reason that the <a target=\"_blank\" href=\"https:\/\/sportsdata.usatoday.com\/football\/nfl\/teams\/indianapolis-colts\/338\" data-autotag=\"d3fda36a-3eb5-4700-8763-caba831c06ae\" rel=\"noopener nofollow\" data-t-l=\":b|e|k|\u2691u\" class=\"gnt_ar_b_a\">Colts<\/a> are prime tag candidates is that they are currently attempting to retain free agents-to-be Daniel Jones and Alec Pierce.<\/p>\n<p class=\"gnt_ar_b_p\">But with only one player able to be tagged and the other heading to free agency if a deal isn&#8217;t done, which player do the Colts&#8217; prioritize? <a href=\"https:\/\/go.skimresources.com\/?id=83224X1595658&amp;url=https%3A%2F%2Fwww.espn.com%2Fnfl%2Fstory%2F_%2Fid%2F48045815%2F2026-nfl-combine-latest-buzz-news-rumors-free-agency-draft-qbs-trades-offseason&amp;xcust=SC1-SCLT_u533OPFPAmJPirFmOJUZiNM&amp;sref=https%3A%2F%2Fcoltswire.usatoday.com%2Fstory%2Fsports%2Fnfl%2Fcolts%2F2026%2F03%2F01%2F2026-nfl-combine-latest-updates-colts-daniel-jones-alec-pierce-contract-talks%2F88931951007%2F\" data-v-afl=\"\" data-t-l=\":b|z|k|\u2691u\" class=\"gnt_ar_b_a\" rel=\"nofollow noopener\" target=\"_blank\">ESPN&#8217;s Jeremy Fowler<\/a>\u00a0and Dan Graziano shared what they heard coming out of the NFL combine.<\/p>\n<p class=\"gnt_ar_b_p\">Fowler is hearing that of the two, Jones is the &#8220;prime&#8221; candidate to be tagged.<\/p>\n<p class=\"gnt_ar_b_p\">&#8220;Pierce has a good relationship with Jones,&#8221; Fowler wrote. &#8220;If the team tags Pierce but doesn&#8217;t reach a deal with Jones, for example, that could be an issue for Pierce. Conversely, tagging Jones ensures he will be there in 2026, a move that would appeal to Pierce.&#8221;<\/p>\n<p>Expert NFL picks: <a target=\"_blank\" rel=\"noopener nofollow\" data-t-l=\":body nav (nfl)|e|auto spike click:5|\u2691u\" class=\"gnt_ar_b_sp_a\" href=\"https:\/\/sportsdata.usatoday.com\/football\/nfl\/picks\">Exclusive betting insights only at USA TODAY.<\/a><\/p>\n<p class=\"gnt_ar_b_p\">Graziano added that the\u00a0<a href=\"https:\/\/www.colts.com\/news\/the-nfl-franchise-and-transition-tag-explained-2026\" data-t-l=\":b|z|k|\u2691u\" class=\"gnt_ar_b_a\" rel=\"nofollow noopener\" target=\"_blank\">transition tag<\/a>\u00a0is what the Colts would specifically use for Jones. If so, how does that impact things?<\/p>\n<p class=\"gnt_ar_b_p\">&#8220;That means Pierce could hit free agency and another team could sign Jones to an offer sheet (and the Colts wouldn&#8217;t get draft pick compensation if he were to sign elsewhere),&#8221; Graziano wrote. &#8220;I think the Colts push to get a long-term deal done with Jones to avoid those possibilities, but as of Saturday morning, it doesn&#8217;t sound close.&#8221;<\/p>\n<p class=\"gnt_ar_b_p\">The purpose of using the franchise or transition tag isn&#8217;t to have Jones or Pierce play out the season on those deals. That is not cap-friendly to the Colts, and both players want long-term deals.<\/p>\n<p class=\"gnt_ar_b_p\">Instead, it would prevent one of those players from hitting the open market, thus extending the negotiating window.<\/p>\n<p>When is the deadline to use the franchise tag or transition tag?<\/p>\n<p class=\"gnt_ar_b_p\">The deadline to use one of those tags is fast approaching, with the Colts having until 4:00 PM ET on March 3rd to do so.<\/p>\n<p class=\"gnt_ar_b_p\">A franchise tag is essentially a one-year deal. The contract amount is predetermined and takes into account which position the tagged player plays.<\/p>\n<p class=\"gnt_ar_b_p\">According to\u00a0<a href=\"https:\/\/overthecap.com\/franchise-transition-and-rfa-tenders\" data-t-l=\":b|z|k|\u2691u\" class=\"gnt_ar_b_a\" rel=\"nofollow noopener\" target=\"_blank\">Over the Cap<\/a>, &#8220;franchise tag figures are based upon the top five salaries at each respective position.&#8221;<\/p>\n<p class=\"gnt_ar_b_p\">The franchise tag value for a quarterback in 2026 is $43.89 million. For a receiver it is $27.29 million.<\/p>\n<p class=\"gnt_ar_b_p\">The transition tag, according to\u00a0<a href=\"https:\/\/www.cbssports.com\/nfl\/news\/franchise-transition-tags-nfl-free-agency-all-you-need-to-know\/\" data-t-l=\":b|z|k|\u2691u\" class=\"gnt_ar_b_a\" rel=\"nofollow noopener\" target=\"_blank\">CBS Sports<\/a>, allows free agents to still negotiate with other teams, but the current team gets the opportunity to match any offers. The salary for a player who received the transition tag is pre-determined by the average of the top 10 salaries at the player&#8217;s position over the last five years.<\/p>\n<p class=\"gnt_ar_b_p\">The transition tag value for a quarterback is $37.83 million, and it&#8217;s $23.85 million for a wideout.<\/p>\n","protected":false},"excerpt":{"rendered":"March 2, 2026, 12:43 p.m. ET The Indianapolis Colts are a prime candidate to use the franchise tag&hellip;\n","protected":false},"author":2,"featured_media":737312,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2059],"tags":[95878,2005,7,2004,392,2381,6,49915,95900,96014,95882,96015,95892,95903,95896,95888,95895,95897,95883,95881],"class_list":{"0":"post-787573","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-indianapolis-colts","8":"tag-accessfree","9":"tag-colts","10":"tag-football","11":"tag-indianapolis","12":"tag-indianapolis-colts","13":"tag-indianapoliscolts","14":"tag-nfl","15":"tag-sstssportsnflcolts","16":"tag-sstsncolts","17":"tag-tagalec-pierce","18":"tag-tagamerican-football","19":"tag-tagdaniel-jones","20":"tag-tagespn-inc","21":"tag-tagindianapolis-colts","22":"tag-tagnational-sports","23":"tag-tagnfl","24":"tag-tagnfl-hub","25":"tag-tagoverall-negative","26":"tag-tagsports-news","27":"tag-typestory"},"share_on_mastodon":{"url":"https:\/\/channels.im\/@nfl\/116161771175277280","error":""},"_links":{"self":[{"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/posts\/787573","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/comments?post=787573"}],"version-history":[{"count":0,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/posts\/787573\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/media\/737312"}],"wp:attachment":[{"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/media?parent=787573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/categories?post=787573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/tags?post=787573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}