Colts Discussing Daniel Jones Trades with Multiple Teams

The Indianapolis Colts have engaged in trade discussions involving quarterback Daniel Jones as the team seeks to acquire draft capital.

NFL Network and ESPN report the Indianapolis Colts have entered trade discussions with multiple teams regarding quarterback Daniel Jones. While Jones is scheduled to start this Sunday against the Dallas Cowboys, the Colts are reportedly listening to offers to acquire draft capital and mitigate financial risks before the Tuesday 4 p.m. ET trade deadline. The Baltimore Ravens previously inquired about Jones before acquiring Jacoby Brissett from the Arizona Cardinals, and the Minnesota Vikings have been identified as another potential suitor.

Financial implications drive the potential move, as Jones holds a $10.51 million injury guarantee for the 2027 season that becomes fully guaranteed on March 15. Indianapolis, currently sitting at 2-6, signed Jones to a two-year, $88 million contract in March, which included a $44 million signing bonus. Sources indicate the team may consider benching the quarterback if they are eliminated from playoff contention to avoid triggering the injury guarantee, though Jones could potentially waive that clause to facilitate a move to another franchise.

Head coach Shane Steichen stated this week that Jones gives the team the "best chance to win right now," though league sources noted the specific phrasing left the door open for future changes. The Colts are also reportedly engaged in trade discussions regarding running back Jonathan Taylor. Any final deal for Jones would require what the organization deems a fair offer, as they weigh the risk of future injury liabilities against their current roster needs.