Top free agent wide receiver Alec Pierce returns to Colts on four-year, $116 million deal

Alec Pierce signals before a snap
Alec Pierce signals before a snapJohn Mersits/ CSM / Shutterstock Editorial

The Indianapolis Colts signed wide receiver Alec Pierce to a four-year, $116 million deal ahead of the free agency period on March 11th.

Pierce, 25, led the league in yards per reception in back-to-back years now (2024 - 22.3, 2025 - 21.3). He's coming off his first 1,000-yard season and was one touchdown short of making it back-to-back years of finding the endzone seven times. 

The team recently placed quarterback Daniel Jones under the rare transition tag (details here), keeping both of their big-name free agents on the team.

Pierce was taken in the second round of the 2022 NFL Draft and has emerged as one of the top receivers in the league. After a quiet first two seasons, he had his first big season in 2024 when he posted 824 receiving yards with seven touchdowns. 

Then, in 2025, with Jones at QB, Pierce put up career numbers, and now he got paid to mirror his performance at almost $30 million per year. 

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