Reports: QB Daniel Jones to sign 1-year, $14M deal with Colts

Free agent quarterback Daniel Jones is finalizing a one-year, $14 million contract with the Indianapolis Colts to compete with third-year quarterback Anthony Richardson.Jones reportedly was mulling offers between the Colts and the Minnesota Vikings. NFL Network reported the contract can be worth over $17 million for the 2025 season if Jones reaches performance-related escalators.The former first-round pick would have to earn the starting job in Indianapolis, where coach Shane Steichen has said he will hold an open competition at quarterback. Richardson, the No. 4 overall pick in the 2023 draft, has been plagued by injuries, inaccuracy and inconsistency in his first two seasons.Jones was waived by the New York Giants at his request last November after being benched. He quickly signed as a free agent with the Vikings for the rest of the season but didn’t appear in any games.The Vikings have identified 2024 first-round pick J.J. McCarthy as the quarterback of the future, replacing Sam Darnold as QB1 in Minnesota. Darnold was offered a chance to return and compete for the job, but signed a three-year, $100.5 million contract with the Seattle Seahawks.