Daniel Jones should be considered the next man on deck as it relates to who the Indianapolis Colts sign, and that was the intention with last week's transition tag — the Colts want him as their starting quarterback for next season, and beyond.
Now, with Alec Pierce solidified and back in the mix with his new four-year, $116 million deal, Jones should be next, but not before the Colts have to clear some cap space. To be right with the cap by the start of the new NFL year (which officially begins March 11th), Indy had to move around some money, and so they did.