The Indianapolis Colts have signed wideout Alec Pierce to a four-year contract worth about $116 million. Pierce confirmed the agreement Monday on social media, while the team acknowledged the signing without releasing financial details.
The 25-year-old was approaching free agency after the Colts used the transition tag on quarterback Daniel Jones, creating uncertainty about whether Pierce would remain in Indianapolis. Ultimately, both sides reached a long-term agreement that keeps the explosive playmaker with the franchise that drafted him in the second round out of University of Cincinnati in 2022.
According to reports, the deal includes $84 million in guarantees, with $60 million fully guaranteed at signing. The contract averages roughly $29 million per season and makes Pierce the highest-paid free-agent wide receiver in league history.
Pierce is coming off the best season of his career. In 2025, he caught 47 passes for 1,003 yards and six touchdowns across 15 games, marking the first 1,000-yard season of his career. His 21.3 yards per reception led the NFL, the second straight year he topped the league after averaging 22.3 yards per catch in 2024. Known as one of football’s premier deep threats, more than 36% of his receptions last season went for at least 20 yards, and he recorded just one drop all year. Over his first 64 NFL games, he has totaled 157 receptions for 2,934 yards and 17 touchdowns while leading the Colts in receiving yards in each of the past two years.
Pierce previously made it clear that returning to Indianapolis was important to him, saying on “The Pat McAfee Show: “I knew where my heart was. I knew I love the city of Indianapolis. Just seeing where we were at last year, early in the year, we were rolling. I truly believed we were the No. 1 team in the NFL. Obviously, didn’t finish out the season like we should have, but I think we can get back to where we were. I believe in Daniel [Jones], I know they’re gonna get his deal done and lock him down. I think we can be special.”
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