Colts' Creative Salary Cap Moves, Jones & Pierce Extensions
Indianapolis Colts News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
The Indianapolis Colts strategically managed their salary cap by placing transition tags on quarterback Daniel Jones and wide receiver Alec Pierce, securing them with two-year and four-year extensions respectively. This move significantly reduced their cap hits, freeing up over twenty million dollars in space. They also traded veteran wide receiver Michael Pittman Junior for a sixth-round pick, shedding twenty-nine million dollars off the books. Despite losing key defensive players, the Colts have approximately thirty to forty million dollars left in cap space, positioning them for further moves before the draft.
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