Arthur Jones signs new deal with Indianapolis Colts

Arthur Jones expected to sign with Indianapolis Colts in 2014 NFL free agencyArthur Jones has compiled 8.5 career sacks in four seasons with the Ravens. (David Bergman/SI)

(UPDATE 4:30 p.m. ET: Arthur Jones has agreed to a five-year deal with the Colts.) Free agent defensive lineman Arthur Jones was one of the most desired players in the days leading up to NFL free agency, but it looks like one of the teams who jumped in late during the process grabbed him once the market opened.

According to Aaron Wilson of the Baltimore Sun, Jones was expected to sign with the Colts today for an average of $6-7 million per year. Several sources confirmed that the deal is done.

Considering the interest that Jones was receiving over the weekend, the deal that the Colts are offering appeared to be low, but reuniting him with former Ravens defensive coordinator Chuck Pagano may have played a factor in Jones' decision to take less money.

MORE: NFL free agency rumors | Potential FA busts | FA primers: QBs, RBs | WRs, TEs

Jones will also be reuniting with former Ravens teammate Cory Redding, who followed Pagano to Indianapolis in 2012.

Jones is a perfect fit in the Colts defensive scheme and would complement Ricky Jean-Francois on the opposite side of the line.

Grade: B. Jones isn't an elite player, but Pagano's defensive system is predicated on interior linemen who can get consistent pressure from inside gaps and stop the run with equal efficiency. And Jones has proven that he can do so consistently. -- Doug Farrar

More Audibles