Indianapolis Colts, Jonathan Taylor End Contract Standoff

The Indianapolis Colts have reached an agreement on a new three-year contract extension with running back Jonathan Taylor, according to a report by Adam Schefter of ESPN, which will have him back on the field this week.

Taylor and the Colts agreed to a new three-year, $42 million contract that has $26.5 million in guaranteed money, according to Ian Rapoport of NFL Network.

Taylor has been on the physically unable to perform list with an ankle injury while also holding out for a new contract. He returned to practice this week and said that while he was looking for a new contract, his health was also an issue.

“The No. 1 goal was for me to get 100 percent healthy,” Taylor said. “So I think just being in communication with the training staff and the team, and getting everyone on the same page in order to make sure not only myself but everyone who is injured and off the field has everything they completely need in order to get back on the field and do what they love.”

The Pittsburgh Steelers will face Taylor and the Colts in Week 15, with a trip to Lucas Oil Stadium scheduled for the weekend of Dec. 16-17. If the Colts and Taylor didn’t work out a trade, the Steelers were among the teams that had been talked about as potential trade partners.

The Colts have been one of the surprises of the start to the 2023 season. Without Taylor, rookie quarterback Anthony Richardson has helped Indianapolis to a 2-2 start, with road wins over the Houston Texans and Baltimore Ravens. Taylor is expected to be in the lineup when the Colts host the Tennessee Titans on Sunday.