When is the Decision on Peyton Manning Really Due?

By Thursday at 4 pm, the decision on Peyton Manning will be made.  Or so we thought.

According to Jason La Canfora, the Colts can actually extend the decision through the weekend the deadline lies over the weekend.  La Canfora says that by FRIDAY at 4, the Colts need to have a decision made to avoid paying Manning $28 million. However, La Canfora also says that the Colts have until Sunday to decide. 

But Mike Florio of Pro Football Talk has gotten confirmation from league spokesman Greg Aiello that all league business has to be completed by 4 pm on Friday night.  So, if the Colts do not cut Peyton Manning by 4:00 p.m FRIDAY, there is no way they can cut him this weekend and are stuck paying his $28 million.

So, basically, we have been given a free 24 hours extra of the decision (oh, joy…). 

But I do find one very interesting line from La Canfora’s article:

Contract talks between Peyton Manning and the Colts could extend until 4 p.m. ET Friday, according to league sources with knowledge of the quarterback’s deal with the team.

The only real reasons for the Colts to keep Manning past Thursday and into Friday are: 1) to keep him off the free agency market for one more day, or 2) to allow for another day of contract renegotiations.

It is risky to just keep him from free agency, as the Colts do not want to be in a situation where they have to pay Manning $28 million AND have him play somewhere else.

So, in my own opinion, if the Colts keep Peyton Manning past 4:00 Thursday, there is a realistic chance that he remains a Colt.

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About Josh Wilson
Follow Josh on twitter @jwilsonWL, on Facebook at the Operation: Freedom page, or you can reach him by email at operation.freedom@yahoo.com.

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