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Jonathan Taylor's $42M Colts Contract Extension Shocks NFL Fans amid Trade Rumors

The Indianapolis Colts sent shockwaves through the NFL on Saturday by agreeing to a contract extension with star running back Jonathan Taylor.

According to NFL Network's Ian Rapoport, Taylor and the Colts came to terms on a three-year, $42 million extension with $26.5 million in guaranteed money. Taylor had been set to become a free agent at the end of the season, but now he is the third-highest-paid running back in the NFL in terms of average annual value at $14 million.

When Taylor and the Colts were unable to agree to a new deal during the preseason, the Colts gave Taylor permission to seek a trade, but nothing came to fruition.