The Indianapolis Colts are trying their best to hedge their bets when it comes to Daniel Jones, and it’s led to a situation we seldom see in the NFL: use of the Transition Tag. It’s a move no team has made since with a quarterback since 1996, so it’s understandable if you’re totally lost when the term is being thrown around.
The Colts placed a $37.8M Transition Tag on Jones, which allows teams to negotiate with the quarterback as if they were a free agent, but gives the Colts the right of first refusal on any contract. This would allow them to match the contract, similar to a restricted free
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