INDIANAPOLIS, Ind. — The speculation is over, as the Indianapolis Colts have officially elected to use the transition tag on quarterback Daniel Jones, keeping him from hitting the open market next week on March 9. The team announced the move on Tuesday afternoon shortly before the NFL's deadline to tag players.

With free agency on the horizon, here are three free agents that the Colts should be ready to move on from.

The Indianapolis Colts aren't expected to get much in return for former first-round pick QB Anthony Richardson.

Dante Moore and Trinidad Chambliss are remaining in college for 2026. Fernando Mendoza will almost certainly be the first overall pick in the NFL Draft.

Stay up to date with the an early free agency rumors and reports pertaining to the Indianapolis Colts.

The Indianapolis Colts have continued to hold trade talks with multiple opposing teams regarding quarterback Anthony Richardson ahead of the 2026 NFL draft, according to NFL Network's Cameron Wolfe.

Here we'll try to look at and discuss the Colts’ 7-round 2026 NFL Draft according to the PFF mock draft simulator after the NFL Combine.