Indianapolis Colts sign Alec Pierce

SigningMar 11, 2026
Alec Pierce

Alec Pierce

UNK · Indianapolis Colts

C
CVI
F
Sentiment
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Sentiment Analysis

F
Very Negative
NegativeMixedPositive

Colts massively overpaid for an unproven receiver with this extension. Multiple outlets confirm a $114-116M deal making Pierce a top-10 paid WR. Pierce lacks All-Pro credentials or consistent Pro Bowl selection to justify elite money. Fans openly questioned whether Indianapolis wasted resources on an average starter. This contract will likely haunt the Colts' salary cap flexibility for years.

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Contract Value Index (CVI)

C
Fair Value
OverpayFair ValueGreat Value

This signing grades out as a slight overpay for the Indianapolis Colts — the team is getting approximately what they're paying for in on-field production. Alec's on-field performance ranks in the upper half among NFL UNKs, grading him as a solid starter at the position. His $28.5M average annual value ranks as mid-range money for the UNK market. The production lines up closely with the price tag — solid starter production at mid-range money, which is essentially paying fair market value. Alec is squarely in his prime, which adds to the deal's upside — the team should get multiple productive seasons out of this contract. The 4-year, $114.0M contract with $60.0M guaranteed (53%) represents a moderate investment with room to exit if needed.

Contract Details

Length
4 years
Total Value
$114.0M
AAV
$28.5M
Guaranteed
$60.0M

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