Jones valued at conditional third-round pick; value entirely dependent on 2024 performance.

Projected trade value of conditional third-round pick, contingent entirely on 2024 season performance. The source emphasizes Jones is the hardest to evaluate in this range because his value hinges on whether he stabilizes the Colts' offense, protects the football, and looks like a legitimate starting quarterback; if he performs as a bridge quarterback, value drops quickly to Day 3 range. A conditional pick structure makes sense because teams would want protection based on starts, performance, or playoff results.