Daniel Jones is signing a one-year, $14 million deal with the Indianapolis Colts, according to ESPN's Adam Schefter.
Jones is getting a $14 million base value deal with a $6 million signing bonus, $7.15 million in fully guaranteed base salary. The max value of the contract is $17.7 million with incentives, per NFL Network's Tom Pelissero.
Jones spent five-plus seasons as the starting quarterback for the New York Giants before being benched and then released midway through the 2024 campaign. Jones will join a Colts team with third-year quarterback Anthony Richardson who was in and out of the lineup in 2024 after being benched midway through the season.