NFL's 6 Worst Free Agent Deals of 2026 Spotlight Colts' Alec Pierce $114M Contract

The NFL's 2026 offseason has seen some high-profile free agent contracts, with the Indianapolis Colts signing wide receiver Alec Pierce to a record-setting $114 million deal. This contract is considered one of the worst value deals due to the high cost relative to Pierce's current performance level. Teams and analysts will watch closely how these signings impact team salary cap flexibility and on-field success as the season progresses.