Structure of Colts’ Jonathan Taylor’s Three-Year, $42 Million Extension Contract Revealed: Report

The Indianapolis Colts signed running back Jonathan Taylor to a three-year, $42 million contract extension on Saturday, and details of the contract were reported by NBC Sports on Monday.

The deal makes Taylor the second highest-paid running back in the NFL behind 49ers star Christian McCaffrey.

Mike Florio reports Taylor's deal comes with a $10.248 million signing bonus while his 2023 base salary is $784,556, fully guaranteed.

The 2024 base salary will jump to $7.804 million, fully guaranteed, with a $510,000 per-game roster bonus.

His 2025 base salary will be $11.98 million, $7.152 million of which is guaranteed for injury at signing, with a $1.02 million per-game roster bonus. His 2026 base salary is $11.98 million with a $1.02 million per-game roster bonus.

Speaking postgame Sunday - his first with the team this season - Taylor believes his surprise deal, after a two-month standoff, could have a ripple effect for players at his position.

"I definitely think it is [a shift]," Taylor said, via ESPN. "Anytime a running back can go out there and perform but also have some security, it just shows that running backs are essential."

Taylor, who had just recovered from an ankle injury, rushed for 18 yards from six attempts in the Colts' 23-16 win over Tennessee.