Free agency is drawing near in the NFL, and teams across the league are beginning to make moves. With the franchise tag deadline striking at 4 p.m. ET on Tuesday afternoon, the Indianapolis Colts made a big decision that could impact the New England Patriots' pursuit of wide receiver Alec Pierce.
The expectation is that Pierce will be the top wide receiver available in free agency, assuming he actually makes it to the open market. On Tuesday, the Colts decided to place the transition tag on quarterback Daniel Jones, which seemingly paved the path for Pierce to become a free agent. However, according to reports, it sounds like Indy is still working on a long-term deal with Pierce ahead of free agency.
"Sources: While the Daniel Jones tag would allow Alec Pierce to become a free agent, it’s my understanding both sides have been in active negotiations and there is a chance Pierce could agree to terms on a long-term deal — before becoming a free agent next week. That is believed to be the hope for both sides," NFL insider Jordan Schultz reported in a post on X.
Pierce has turned himself into one of the most dangerous deep threats in the NFL, as he's led the league in yards per catch in each of the past two seasons. The 2025 campaign was easily the best of Pierce's career, as he posted career-highs in receptions (47) and receiving yards (1,003) while also hauling in six touchdowns.
Given Drake Maye's propensity for throwing deep balls, Pierce seems like a perfect fit for the team's offense. And while it may seem like he's set for free agency, the Colts appear intent on finding a way to keep him in town, even after placing the transition tag on Jones.
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