INDIANAPOLIS, IN - NOVEMBER 13: Peyton Manning of the Indianapolis Colts walks off of the field after the Colts lost 17-3 to the Jacksonville Jaguars at Lucas Oil Stadium on November 13, 2011 in Indianapolis, Indiana. (Photo by Andy Lyons/Getty Images)

Peyton Manning, Colts Officially Announce Split After 14 Years

Peyton Manning and the Colts are done. The team announced his departure at a Wednesday press conference.

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VIDEO: Peyton Manning, Jim Irsay Arrive In Indianapolis Together

The Indianapolis Colts are expected to announce on Wednesday that they will be releasing superstar quarterback Peyton Manning. The team has called a noon press conference, and Manning and Colts owner Jim Irsay are both expected to be present detailing the reportedly amicable split.

It's possible the split truly is as amicable as the Colts and Manning want everyone to believe. Manning and Irsay were on the same flight to Indianapolis on Tuesday night, and they left the airport in the same car, briefly stopping to tell a group of reporters they'd talk more on Wednesday.

"We'll see y'all tomorrow," Manning said, repeating himself several times while dodging questions. "We'll talk tomorrow. We're good. We're going to talk tomorrow. We're going to do it the right way tomorrow."

From RTV6 in Indianapolis:

The Colts are believed to be parting ways with Manning in order to not only save some money on the quarterback's pricey contract, but to make room for suspected No. 1 overall draft pick Andrew Luck. Luck, formerly of the Stanford Cardinal, is projected by many to be NFL-ready with very little preparation.

For all news and information regarding the Indianapolis Colts, please visit Stampede Blue and SBN Indiana.

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Colts Will Release Peyton Manning Wednesday, According To Report

After months of speculation, it appears Peyton Manning and the Indianapolis Colts will definitively part ways prior to the 2012 season.

ESPN reports that Manning and the Colts will jointly announce the quarterback's release at a news conference on Wednesday, allowing Manning to join whichever team he chooses.

Sources close to the team told ESPN senior NFL analyst Chris Mortensen that the announcement will come at a news conference in Indianapolis on Wednesday with both Manning and owner Jim Irsay in attendance.

The decision to pass on the $28 million bonus owed Manning and not to pick up the four remaining years on his contract means Manning will become a free agent, and sources told Mortensen that he intends to continue to play.

Manning's future in Indianapolis was in doubt throughout the 2011 season as he was sidelined with a neck injury. There was speculation that Manning's career might be over altogether, but he has been medically cleared to continue playing and recent reports indicate that he is very close to full strength and ability once again.

The Colts are expected to select former Stanford Cardinal quarterback Andrew Luck with the No. 1 overall pick in the upcoming 2012 NFL Draft. Rumors have been swirling that the team would no longer wish to retain Manning following its acquisition of the two-time Heisman Trophy runner-up.

For all news and information regarding the Indianapolis Colts, please visit Stampede Blue.

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Jim Irsay 'Would Love To Have' Peyton Manning Back With Colts On Restructured Contract

Indianapolis Colts owner Jim Irsay did a little public negotiating on Tuesday, telling reporters that the team is open to Peyton Manning remaining with them and finishing his NFL career in Indy. However, he left the ball in Manning's court, saying that the ultimate decision will rest with whether the quarterback is willing to restructure his contract first.

Via Indianapolis Star:

"We can make it work if he wants to be here,’’ Irsay said today. "We’d be excited to have him back and finish his career with us.

"I want him to be able to make the choice. We would love to have him back here if he can get healthy and we can look at doing a contract that reflects the uncertainty of the . . . healing process with the regeneration of the nerve.’’

Manning is due a $28 million option bonus by March 8, which would activate the final four years of a five-year, $90 million contract signed in July. If the Colts opted not to pay the bonus, Manning would become an unrestricted free agent. Irsay and Manning are expected to meet at some point in the next seven days.

For more on the Colts, head over to the SB Nation blog Stampede Blue. For more on the Manning situation, stay tuned to this StoryStream.

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Jim Irsay Denies Peyton Manning Has Been Cleared To Play For The Colts

If you thought this whole Peyton Manning thing was going to be smooth sailing, sunshine and lollipops ... well, think again. On Thursday, ESPN's Chris Mortensen reported Manning was medically cleared to play football. In fact, the sources told him one of Manning's doctors went as far as to say Manning could go Sunday. One has to assume word leaked from the Manning camp and done so with some kind of purpose, whatever it may have been.

Why? Because this came from Colts owner Jim Irsay hours later -- around 1 a.m. Eastern, in fact.

Remember that joint statement Irsay and Manning released denying hard feelings and asserting the two worked everything out? And then this happens a week later, in the run up to a Super Bowl which happens to be taking place in Indianapolis. Say what you will about the two, and whatever their relationship is, they know how to grab the spotlight with the quickness.

To recap: someone leaked that Manning was cleared to play and resume his NFL career immediately. The news created a buzz, even if it probably wasn't news, and hours later Irsay brought the hammer. Read his words carefully: Manning has not passed their physical and is not cleared to play for the Colts. There's a bit of a difference of opinion here.

This seems like it's going to get uglier sooner rather than later, and all of this is happening as Indy plays host to the NFL's premier event.

For more on the Colts, head over to the SB Nation blog Stampede Blue. For more on the Manning situation, stay tuned to this StoryStream.

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Peyton Manning Medically Cleared To Resume NFL Career, According To Report

Peyton Manning has been medically cleared to return to football, according to a report by ESPN's Chris Mortenson. Manning has been recovering and rehabbing from a second neck surgery, which fused together vertebrae in an attempt to stabilize his injury neck. His future as a player, however, has been and remains unclear.

Mortensen cites sources who indicate Manning has been cleared, but does not elaborate further.

It's important to note that medically cleared does not mean he's completely back to normal or healed. It also doesn't ensure Manning will be back on the field by the beginning of next season.

Manning still has a long ways to go, from all indications. Just being cleared is one step, but building up strength in his arm, a big concern as of late, will be a key in determining the future of his playing career. If his nerves don't heal properly and he isn't able to build his arm strength and endurance back up, this is all moot.

For more on the Colts and the Manning situation, check out SB Nation's Colts blog,Stampede Blue.

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Peyton Manning's Brother Weighs In On The Future Of Colts QB

As ridiculous a source as Rob Lowe may be for NFL-related news, his little tweet about Peyton Manning retired has caused quite the firestorm. While we can all assume that it was pretty much a joke, there is a real question about how likely Manning is to play in 2012, whether for the Indianapolis Colts or anyone else. Well, Manning's brother Cooper told NFL.com that the sure-fire Hall of Fame quarterback is determined to come back:

"What I do know is Peyton is going to do every single thing a human being can possibly do to get ready to play again," Cooper Manning said from his office in New Orleans. "Where, when and how he'll play, that's all up in the air. But as far as his body goes, Peyton's smart, he'll know what to do. Anyone predicting what will happen now going forward is just wasting their breath. But he is working as hard as anyone can work to get out there again."

Cooper Manning acknowledges that his brother's ailment is still unpredictable and that there's no timetable for his return. Manning's future with the Colts could be decided much earlier, though, as he's due a $28 million option bonus on March 8.

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Peyton Manning Responds To Colts Owner Jim Irsay's Comments

The situation in Indianapolis took a turn for the worse, or weird, on Thursday as Colts owner Jim Irsay spoke about Peyton Manning and what may come next. Irsay openly criticized how Manning has handled the situation, saying the long-time quarterback should've kept his comments in-house and not disrespected the Horseshoe.

Here is a portion of Manning's comments, given exclusively to Bob Kravitz of the Indianapolis Star.

"At this point, Mr. Irsay and I owe it to each other and to the fans of the organization to handle this appropriately and professionally, and I think we will. I've already reached out to Mr. Irsay. I wasn't trying to paint the Colts in a bad light, but it's tough when so many people you've known for so long are suddenly leaving. I feel very close to a lot of these guys and we've done great things together. It's hard to watch an old friend clean out his office. That's all I was trying to say.

But the money quote comes from Kravitz himself, in the opening line of the column. Kravitz says simply, "Peyton Manning is done in Indianapolis." The opinion is his own, but not surprising at all considering the circumstances. For many, it's a harsh reality to face.

For a breakdown of all of Manning's comments, as well as Irsay's response, visit SB Nation's Colts blog, Stampede Blue.

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Peyton Manning Injury: Archie Manning Doesn't Know If Peyton Will Play In 2012

As the Colts begin to rebuild -- from the front office down to the 53-man roster -- the biggest question surrounding this team remains the status of Peyton Manning, who missed the entire 2011 season following multiple neck surgeries.

In a radio interview with Yahoo Sports earlier this week, Archie Manning was asked about the status of his son, and he offered anything but a ringing endorsement. The transcript is below, but you can also listen to it here, starting around the 4:50 mark:

Question: Archie, just between you and me, how's Peyton doing with the neck, is he going to play next year?

Archie Manning: I don't know. You know, I think he's working real hard, Peyton wants to play, it's just, he has a good attitude about it, and he's just trying to get his health back, and getting a little better, and we'll just have to see what happens.

Via Yardbarker

For more on Manning and the Colts, check out Stampede Blue.

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Peyton Manning Throws But 'No Chance' He Plays This Year

Peyton Manning is well on his way to playing professional football again, but he won't be doing it this season. While Manning has returned to throwing drills with pads on, Indianapolis Colts president Bill Polian confirmed the seemingly inevitable, stating that Manning will not take the field for the Colts in either of their final two games. From Polian's statement at the post-game press conference, following Indy's win over the Tennessee Titans:

[I]t was determined by the doctors that there was no chance he would play this year. His rehabilitation has not come far enough to make it prudent for him to step on the field in game action.

Manning's neck has healed enough that he can throw without risk, but there's a big difference between throwing and taking a shot from a defensive player in the NFL. The Colts and Manning don't even want to think about what might happen if he took a shot like the one Tom Brady took from Elvis Dumervil on Sunday.

For more on Manning and the Colts, be sure to head over to Indianapolis Colts blog Stampede Blue.

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Peyton Manning Injury: Colts QB Learns Good News From Surgeon

Indianapolis Colts quarterback Peyton Manning isn't far enough along in his recovery to hop back onto the field and dive back into action, but he did receive some good news on Thursday. Following x-rays and CT scans, Manning's neck surgeon came back with good news, saying the fusion in Manning's neck has taken hold. It's a step forward, not a massive leap, but a positive step nonetheless.

The statement from Robert Watkins, Manning's surgeon, was passed along by Jim Irsay by way of his amazing Twitter account.

"X-ray and CT examination of the surgical area shows that the fusion performed in September has achieved firm fixation," said Dr. Robert Watkins. "Peyton will now be allowed to increase the intensity and breadth of his workouts as tolerated. There remains every indication that his recovery will continue. There still is no timetable for Peyton's return to practice, which is one of many steps in his expected return to game action. He is working hard on a rehabilitation program outlined in conjunction with myself, Erin Barill and Peyton. His response to this plan in the future will dictate his return date."

Manning will now likely see how his body responds to more workouts and go from there.

For more on Manning and the Colts, be sure to head over to the SB Nation blog Stampede Blue.

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Peyton Manning Could Still Play This Year, Colts' Bill Polian Says

The Indianapolis Colts are now 0-7 to start the 2011 NFL season and this is shaping up to be one of the worst years in history for the Colts. That's what happens when you lose someone like Peyton Manning (but the team shouldn't be this bad).

Colts executive Bill Polian talked with Peter King this week and had a few Manning-related nuggets.

First, he said Manning could still practice and/or play this year, which is what the Colts have been saying all along. It seems like they're telling the truth there because they have yet to place Manning on injured reserve.

Second, he said Manning, who is recovering from surgery on his neck, is walking on a treadmill now and could begin jogging this week.

Third, Polian says he and Manning have talked about plans for 2012 and beyond but King says he wasn't specific on that. This could be an interesting subject down the road because, if the Colts earn the No. 1 pick, they could be faced with a big decision if given the opportunity to draft Andrew Luck.

SB Nation's Stampede Blue is covering this forgettable Colts season and currently asks:Who deserves the most blame for the 0-7 start?

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Peyton Manning's Surgery A Success, Say Doctors

The surgeons who performed Indianapolis Colts quarterback Peyton Manning's third neck operation in 19 months say the operation "very well, without complication" and that the prognosis on his recovery is good, the Associated Press reports.

Los Angeles-based father and son doctors Robert Watkins Sr. and Robert Watkins Jr. of Watkins Spine performed the procedure at Marina Del Rey Hospital.

Manning underwent a procedure to repair a bulging disk in his neck at Northwestern Memorial in Chicago on May 23. That procedure, his second in 15 months, was expected to have a six-to-eight week recovery time. Thursday's procedure, a "single level anterior fusion" will keep the four-time league MVP out for two-to-three months, and could sideline Manning for the entire 2011 season.

The Colts had already ruled Manning out for this Sunday's season opener against the Houston Texans, ending Manning's 227-game consecutive start streak. Veteran Kerry Collins was coaxed out of retirement during training camp and be the first quarterback other than Manning to start in the regular season since 1997. Despite the grim prognosis of Manning's availability this season, the Colts are not ready to end Manning's season.

"Rehabilitation from such surgery is typically an involved process," the Colts official statement on Manning read. "Therefore, there will be no estimation of a return date at this time.  We will keep Peyton on the active roster until we have a clearer picture of his recovery process."

For more reaction on the suddenly Manning-less Colts, visit Stampede Blue.

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Peyton Manning, Colts Agree To $90 Million Contract According To Report

Peyton Manning said that he isn't worried about being the NFL's highest paid player earlier this week as he would rather his Indianapolis Colts take care of the rest of the team's free agents as well. Regardless, Manning will still flirt with one of the best salaries in the NFL following the two side's agreeing to a $90 million contract on Saturday.

Manning and the Colts came to terms on a five-year deal worth a reported $90 million, according to ESPN's Chris Mortnensen. On average, according to the Tweet, Manning's new deal is equal to Tom Brady's salary with the New England Patriots.

Colts fans should certainly be happy about this new deal as SB Nation's Stampede Blue wrote Friday that the issue of not being able to lock up one of the league's best quarterbacks was making Indianapolis's front office look incompetent.

The longer these questions linger, the longer Peyton goes unsigned and the Colts sit idle, the louder the whispers will grow that Chris Polian, quite simply, doesn't know what he's doing. It doesn't matter if that criticism is fair or not. Perception is everything in this business, and the fact that it is taking this long to get this deal is not a good thing for Chris Polian's reputation. People who cover the league are already asking me if this guy is as incompetent as he seems (as if I know or not; I've never met him).

Now it'll be interesting to see if the Colts get more active in free agency since they have Manning locked up for the longterm.

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Peyton Manning 'Cautious' After Neck Surgery Thanks To NFL Lockout

Indianapolis Colts quarterback Peyton Manning is slowly returning from offseason neck surgery, his second in the past 15 months. But his recovery has been slowed because of NFL lockout rules restricting players from receiving medical attention from their team, as well as an inability to use team facilities for rehabilitation. When the lockout began, team facilities were shuddered, forcing players to workout on their own and seek their own treatment for various injuries picked up during the season or for surgeries that took place after the season ended.

Manning told ESPN.com that the familiarity with the Colts' training staff provided him comfort, but with that gone he's been forced to proceed with caution.

"The lockout didn't allow me to work my (Colts) therapist, Erin Barill, and I'm just not comfortable taking any chances with this thing," Manning said. "Erin knows me. He's rehabbed me through two other surgeries (neck and knee) and I think most people understand that once you build up a trust with your therapist, that's the guy you want and need to work with."

The inability for injured players to rehab with their own teams and receive in-house medical treatment has been one of the more unfortunate parts of the lockout. Players injured during the season, playing under contract for the owners that have no locked them out, have been stuck in no-man's land as the NFL and NFLPA battle it out over billions of dollars.

For more on Manning's surgery, stay with this StoryStream. For more on the labor situation, visit our NFL lockout StoryStream.

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