Free-agent quarterback Daniel Jones is signing a one-year, $14 million deal with the Indianapolis Colts, according to ESPN's Adam Schefter. The Colts haven't been a team known to spend big on free agency in recent years, so this is a bit out of character for them.

Are the Colts better off with Anthony Richardson or the newly signed Daniel Jones? The SportsLine Projection Model has the answer

The Colts should be considered winners for this signing. They are paying Jones $14 million for a year, but it's worth the money. They have to find out if Richardson is the future of the franchise, and there's no better way to do that than through competition with a quarterback like Jones who's itching to start under center again.