Full terms of Jonathan Taylor's contract with Indianapolis Colts revealed

The Indianapolis Colts signed running back Jonathan Taylor to a massive new deal on Sunday and now, all the details of the agreement are out. Taylor agreed to a three-year, $42 million, including $26.5 million in guaranteed money. The deal makes him the NFL‘s second-highest-paid running back behind 49ers star Christian McCaffrey.

The terms of the agreement include specifics on the running back’s signing bonus. The $10.248 million sum will be broken up into two payments. He’ll get $2.562 million on October 20, 2023, and the remaining $7.686 million on March 29, 2024.

Taylor’s salaries in 2023 and 2024 are both fully guaranteed. By 2025, he’ll make $11.98 million in base salary with $7.152 million in guaranteed money for injury at signing. His roster bonus also increases from $510,000 per game to $1.02 million total in 2025 and 2026.

After coming to an agreement, the Colts also finally activated Taylor from the PUP list. He opted to play in Sunday’s AFC South game against the Tennessee Titans, carrying the ball six times for 18 yards, plus grabbing on catch for 16 yards in the 23-16 win.

Anthony Richardson to miss ‘some time’ for Colts

Indianapolis Colts head coach Shane Steichen delivered bad news regarding quarterback Anthony Richardson on Monday. As expected, Steichen told reporters that the rookie will miss “some time” due to the shoulder injury he suffered Sunday against the Titans.

The former Florida Gators star underwent further testing on Monday to confirm the severity of his injury, an AC joint sprain, according to NFL insider Ian Rapoport. Now, the team is planning to play their Week 6 game against the Jaguars without Richardson.

“Sources tell me that the initial diagnosis was a Grade 3 AC Joint sprain… If the tests confirm what the initial diagnosis was, you’re looking at a month or longer for Anthony Richardson,” Rapoport said on Good Morning Football on Monday. “It brings Injured Reserve into play for the standout rookie for the Colts and it makes Gardner Minshew gonna be the starter moving forward. I expect him to start this week against the Jaguars at the very least.”

Steichen also noted that the team is still evaluating whether to place Richardson on the injured reserve. IR would mean a mandatory four weeks off the field.

The Colts led the Titans 10-6 before the QB’s injury. Richardson began the game 9-of-12 passing for 98 yards before exiting. He also took one sack for a loss of 17 yards.

The Colts ended up defeating the Titans 23-16 with Gardner Minshew filling in for the rookie. Minshew finished the game going 11-for-14 for 155 yards. Running back Zack Moss led all scorers with two touchdowns.