Colts Free Agency Forecast Hints at Potential Breakup

Pereles listed the Arizona Cardinals and Minnesota Vikings as two other potential suitors. Jones had a brief stint on the Vikings in 2024 after he was released by the New York Giants, and he was split between Indy and Minnesota in last year's free agency.

Jones has expressed interest in returning to Indianapolis, but it's unclear how much money he's demanding. Some projections have Jones as a player who could reel in $40+ million a year.

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As for Pierce, Pereles predicted that the 25-year-old would land with the Washington Commanders, who just hired David Blough as offensive coordinator a couple of weeks ago.

"Coach Dan Quinn and GM Adam Peters both expressed a desire to get younger and faster this offseason," Pereles wrote. "Pierce is young (25) and fast: He's led the NFL in yards per catch in consecutive seasons, and he became the first player since A.J. Brown in 2019 to go over 1,000 yards on at least 20 yards per catch."

Pereles listed the Colts, Las Vegas Raiders, Pittsburgh Steelers, and Buffalo Bills as other suitors.

Pierce is a true vertical threat with elite hands. Receiver-needy teams will be willing to overpay for a guy like Pierce, which may leave the Colts in the dust. Pierce indicated earlier this month that the Colts' decision on Daniel Jones will impact his own contract situation.

For the Colts to afford both, they'll have to find some money. Michael Pittman Jr.'s contract has been under the scope because if the Colts cut him, they'll get $24 million in cap savings.

Cutting Pittman and keeping Pierce would be a risky move, though. The two have played together for four years now and have complemented each other's play styles throughout. Pittman is loved in the locker room, and he has stepped in as a veteran leader over the past few seasons.

Pierce and Jones have complicated futures, but the simplest move for them both would be staying put in Indianapolis.