Jonathan Taylor, Colts Agree to Three Year, $42 Million Extension

The ongoing dispute between Jonathan Taylor and the Indianapolis Colts may be over after the two sides have agreed to an extension. According to Ian Rapoport, the new deal is for three years and worth $42 Million. The deal includes $26 million of guaranteed money.

Though many say he may deserve more. The deal is good for both sides. It gives the Colts a top-tier running back in their backfield. As well as, it allows Jonathan Taylor that he’s worth it.

The two sides have been in contentious contracts since before the 2023 season when Colts owner Jim Irsay said a contact extension wasn’t on the table yet. It appears that he has since had a change of heart.

“Jonathan is a special player and signing him to this extension is important knowing the impact he’ll make as the team develops under Shane Steichen,” Irsay said, via the team’s website. “I have no doubt he’ll continue to create highlight plays and memories for Colts fans as he’s done in his three seasons thus far. Jonathan deserves this deal and I’m happy for him.”

After the extension, Jonathan Taylor now joins the ranks with Christian McCaffrey, Alvin Kamara, Derrick Henry and Nick Chubb as one of the highest-paid running backs in the league. It will likely impact the deals for Josh Jacobs, Austin Ekeler and Saquon Barkley as well. Those three are slated to be free agents this upcoming offseason.

With the news, the Colts also activated Taylor from the Physically Unable to Perform list, making him eligible on Sunday against the Tennessee Titans. Though, he’s currently listed as questionable. When healthy, the 24-year-old has played at a high level. He ran for over 1,100 yards as a rookie and in 2021 won the league’s rushing title after running for a franchise record 1,811 yards. 

Despite the contract situation, the Colts have made it aware they want to keep Taylor long term.


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