Contract Details
The Indianapolis Colts have finalized a one-year agreement with quarterback Daniel Jones. The deal is valued at $14 million, with additional incentives that could bring the total to $17.7 million. Guaranteed compensation amounts to $13.15 million.
Financial Breakdown
Under the terms of the contract, Jones is set to receive a base salary of $7.15 million alongside a signing bonus of $6 million. Additional per-game roster bonuses provide potential earnings of up to $850,000, offering flexibility in the overall compensation plan.
Strategic Implications
The financial commitment indicates a significant investment in bolstering the quarterback depth. With the evolving competition at the position, the contract reflects the Colts’ proactive strategy to secure capable options as they navigate a challenging and competitive landscape.