That is largely the reason Fields is now a Jet. The Steelers did not guarantee Fields anything beyond the first year, and as a result, he had no long-term security. With the Jets, Fields at least have the security of knowing he will be there for both years of his contract, and even if he is cut, he will see the rest of the money.

Free-agent quarterback Daniel Jones is signing a one-year, $14 million deal with the Indianapolis Colts, according to ESPN's Adam Schefter. Nate Tice and Matt Harmon break down free agency's biggest moves and give grades for each signing.

Fields, who turned 26 on March 5, spent last year with the Steelers and went 4-2 as the team's starting quarterback.