The Colts should be considered winners for this signing. They are paying Jones $14 million for a year, but it's worth the money. They have to find out if Richardson is the future of the franchise, and there's no better way to do that than through competition with a quarterback like Jones who's itching to start under center again.

Free-agent quarterback Daniel Jones is signing a one-year, $14 million deal with the Indianapolis Colts, according to ESPN's Adam Schefter. The Colts haven't been a team known to spend big on free agency in recent years, so this is a bit out of character for them.

Daniel Jones is getting a reported 1-year deal counting $14 million toward the 2025 salary cap. Anthony Richardson is set to count $9.2 million.

Daniel Jones said Thursday the Colts have told him what they've said publicly: that they intend for him to compete with Anthony Richardson.

Following the free agency signing of quarterback Daniel Jones, the Indianapolis Colts referenced one of the most iconic movie franchises of all time, Indiana Jones, in a social media post. The Colts posted a celebratory picture after Jones was signed.

The Indianapolis Colts agreed to terms with free agent QB Daniel Jones on a 1-year, $14 million deal. Here's a breakdown of those contract details

Jones wants to start again, and in order to do so, he'll have to beat Anthony Richardson, the Colts’ 2023 No. 4 pick, for the job