Colts consider franchise tag for breakout WR Alec Pierce

The Indianapolis Colts are reportedly considering the franchise tag for pending free agent wide receiver Alec Pierce, though it's an outside possibility, as retaining him is a high offseason priority. Pierce, projected to command a 4-year, ~$81M deal, is expected to draw significant free agency interest as the league's premier deep threat, having led in yards per reception for two consecutive years. In 2025, he broke out with 47 receptions for 1,003 yards (21.3 avg.) and 6 touchdowns in 15 starts. The Colts previously used a tag on Michael Pittman Jr. to facilitate a long-term deal.