Peyton Manning is in the final year of his seven-year, $99.2 million contract (what’s $800,000? We’ll just call it a smooth $100 million), and for now, he’s not close to inking a new deal with the Colts.
According to ESPN’s Chris Mortensen, don’t expect that to change until after the season.
That’s not necessarily the team’s desire (although it very well could be). That’s what Manning apparently wants. Manning’s agent, Tom Condon, told Indianapolis president Bill Polian that Manning would not discuss a new contract until this season is complete.
From the story:
Condon said Polian's reaction was simple: "OK."
… If he does not have a new deal in place for 2011, the Colts are expected to place a franchise tag on the quarterback at an estimated guaranteed $24 million.
Condon also said there have been "zero negotiations" between the Colts and Manning.
Can you imagine seeing Manning in another uniform, other than the Colts? I guess it’s something that could happen. Probably not within the next season or two, but eventually maybe.
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