It’s been a fairly active start to free agency for the Indianapolis Colts. GM Chris Ballard has re-signed several of the team’s own free agents and also made a handful of outside additions.
But with that said, there is still work to be done as well.
Taking into account the signings and re-signings that have already taken place, let’s rank the top three moves made by the Colts through the first week of free agency.
3. Signing S Juanyeh Thomas
I like the upside that Thomas possesses. Still just 25 years old, Thomas played only 549 career snaps, but seemed to be on his way to a more prominent role in 2025 before his season ended due to injury.
Over 156 coverage snaps, however, Thomas was targeted only three times and held opponents to a modes 9.0 yards per catch. He’s also generated four career pass breakups on only 21 targets. Thomas has experience both playing deep and down in the box.
The Colts will hope to tap into the untapped potential that Thomas appears to possess.
2. Re-signing Alec Pierce
Many have already debated the contract that Pierce received from the Colts — a four-year deal, worth $114 million. But for a team that’s in win-now mode, they need Pierce on this roster.
The big plays he generates will garner the attention, but Pierce’s role within the offense expanded last season, with him impacting other levels of the field more regularly. His presence can also open up opportunities for others, with opposing defenses mindful of his ability to win downfield.
And if the 2025 season is a sign of what’s to come, Pierce is still an ascending player.
1. Re-signing Daniel Jones
Again, one can debate the deal that Jones received, especially with him coming off an Achilles injury. But, as is often the case, options at quarterback during free agency are going to be limited, and Jones showcased what he can do when healthy within Shane Steichen’s offense.
Through 10 games, Jones was one of the most productive quarterbacks in football, and the Colts boasted one of the best offenses. The Colts believe that success can be recreated and sustained in 2026.
Winning is a must in 2026, and in order to give yourself the best chance to do that, a steady presence at quarterback is required.
This article originally appeared on Colts Wire: NFL free agency: Indianapolis Colts best moves after first wave