Daniel Jones was known to be facing a Vikings-or-Colts decision and he has made his choice. The former Giants starter is heading to Indianapolis on a one-year deal, as first reported by Ian Rapoport and Tom Pelissero of NFL Network. 
Earlier today, ESPN’s Stephen Holder confirmed Jones was down to either remaining in Minnesota or heading to Indianapolis. Both teams were waiting to see which direction he went, with the call deciding how each would operate under center for the rest of the offseason. After taking Monday to weigh his options, Jones has made a commitment.
This pact will be worth $14MM, ESPN’s Adam Schefter adds. That figure represents the base value of the contract, as Pelissero notes Jones can earn up to $17.7MM. The Colts have their veteran Anthony Richardson competition in place for 2025. $13.15MM is fully guaranteed, per Sports Illustrated’s Albert Breer.
The Vikings made a push to retain Jones, Rapoport reports. To little surprise, though, the chance to earn a starting gig represented a key factor for the former No. 6 pick. Richardson has not developed as planned early in his career, and Colts GM Chris Ballard made it clear his inconsistent play and injury troubles would lead to a veteran addition capable of handling QB1 duties. At a minimum, Jones will able to provide the team with an experienced backup, though Pelissero confirms an open competition is on tap.
The 27-year-old raised eyebrows when he received a four-year, $160MM Giants deal in 2023. That pact – authorized by a Joe Schoen-Brian Daboll regime which did not draft him – did not pan out as planned, and midway through the past campaign his benching was followed up by his release. Minnesota added him on the practice squad with the potential to remain in place for 2025.
That especially remained true in the wake of Sam Darnold turning his Pro Bowl Vikings season into a lucrative Seahawks agreement. With Jones now out of the fold, though, Minnesota is set to rely on 2024 first-rounder J.J. McCarthy as their starter moving forward. The 22-year-old missed his entire rookie campaign due to a meniscus tear, but he will be healthy in time for the 2025 season. A modest free agent signing can be expected to operate as his backup.
Richardson earned the starting gig right away as a rookie, but he was limited to only four games that year due to a shoulder injury. The 2023 No. 4 pick managed 11 appearances this past season, but he was temporarily benched in favor of Joe Flacco as the Colts offense underperformed. Richardson, 22, posted a completion percentage of just 47.7% and a negative touchdown-to-interception ratio last season. A notable step forward will be required in 2025, and the first step in his efforts in that regard will involve winning an offseason competition with Jones.