Colts reunite with Pierce as he signs 4-year, 116 million dollar deal

WR Alec Pierce is returning to the Indianapolis Colts with a 4-season, 116 million dollar contract.

The wide receiver’s return was uncertain after Indianapolis used the transition tag on QB Daniel Jones, allowing Alec to become a free agent. However, a contract averaging 29 million dollars per campaign ensured the WR’s return.

Alec had his best campaign as a pro last year, surpassing 1,000 receiving yards for the 1st time in his career and leading the league in yards per catch for the 2^nd consecutive season. Pierce finished with 1,003 receiving yards on 47 catches for a 21.3 yards per reception average.

Already 1 of the best deep-ball threats in football, Alec further solidified himself in that regard; 36.2% of his receptions were for 20 yards or longer. He also finished with a career-low 1 dropped pass.

Indianapolis started the past year with the hottest offense in the league. The biggest reason for that was RB Jonathan Taylor alongside Pierce.

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Free agent WR Alec Pierce has agreed to terms to remain in Indianapolis on a historic 4 year $114M deal that will make him the highest paid free agent receiver in NFL History.

The deal negotiated by agents Mike Swenson and CJ LaBoy, came together overnight and contains $84m in… pic.twitter.com/Op9qCpsNYq

— Ian Rapoport (@RapSheet) March 9, 2026