Alec Pierce

Alec Pierce is returning to the Colts on a four-year, $116 million deal.

Fantasy Impact

After reports of many other teams showing interest in Pierce, he will be returning to the Colts for at least four more years. It is unclear if Michael Pittman Jr.'s roster spot is in jeopardy as a result. Pierce will be on the WR2/WR3 radar for fantasy managers.

The Patriots “are hot” for free agent WR Alec Pierce.

Fantasy Impact

New England is expected to make a big push for Pierce. They figure to have the cap space available after releasing Stefon Diggs.

Alec Pierce will not re-sign with the Colts before free agency hits next week.

Fantasy Impact

Pierce wants to explore free agency and see what is out there before making a potential return to the Colts. A return to Indianapolis is still possible, and the team would be wise to persue his talents.

Alec Pierce and the Indianapolis Colts are in discussions to keep the breakout wide receiver in Indianapolis for at least the 2026 season. Negotiations are expected to continue this week as Pierce is eligible to hit free agency in March.

Fantasy Impact

If Pierce hits the open market, he'll be one of the most coveted wide receivers in free agency. The fourth-year wideout led the league in yards per catch (21.3) for the second consecutive season and finished the year with his first 1,000-yard season in 2025. He caught 47 passes for 1,003 yards - both career-highs - and six touchdowns. Pierce is expected to garner more than $20 million per year. A franchise or transition tag is also in play, which would cost $25 million. Still only 25, Pierce is certainly a name to watch over the next few days.

Alec Pierce caught 4-of-7 targets for 132 yards and two touchdowns in the Colts 38-30 loss against the Texans.

Fantasy Impact

Pierce was ejected late after appearing to make contact with a referee. He still had a huge game to end the season, connecting with two touchdowns from Riley Leonard. He also had a two touchdown game with Philip Rivers. He is set to enter free agency this offseason unless the Colts place a franchise tag or transition tag on him.