The latest contract extension at the guard position could impact Quenton Nelson and the Indianapolis Colts.On Friday, the Tennessee Titans signed guard Peter Skoronski to a four-year, $100 million contract extension, according to Ian Rapoport. This deal includes $88 million in guaranteed money.At $25 million per year in new money, Skoronski is now the NFL's highest-paid guard by average annual value, surpassing Tyler Smith and Matthew Bergeron, who are each earning $24 million per year.What does Peter Skoronski's deal potentially mean for Quenton Nelson?Nelson is entering the final year of his current contract with the Colts. He is a prime contract extension candidate, but if he hits the open market in 2027, he will be highly sought after.ESPN'sBill Barnwellbelieves that Nelson's next deal could make him the highest-paid guard in the NFL. If that ends up being the case, then Nelson's asking price may have just gone up.However, as of last week, Nelson said that he and the Colts "havent had any discussions," according toThe Athletic's James Boyd.Among all guards this season, Nelson ranked fourth inPro Football Focus'pass-blocking efficiency and fourth in run-blocking grade. He is an eight-time Pro Bowler and has made six All-Pro teams in his career.This article originally appeared on Colts Wire: How Peter Skoronski deal with Titans could impact Colts' Quenton Nelson