The clock is getting closer and closer to midnight when it comes to the decision for the Colts and franchise quarterback Peyton Manning.
Thursday is D day for the team, as they will have to come to a decision on what to do about the future of Manning on their roster.
The Colts owe the NFL’s only four-time MVP a $28 million bonus by Thursday. That triggers the final four years of Manning’s five-year, $90 million contract which includes a 2012 base salary of $7.4 million. If Irsay opts to not pay the bonus and Manning does not agree to a lesser, restructured contract to remain with the Colts, he becomes an unrestricted free agent.
If he is released, there are a number of different destinations where Manning could land. Former coach Tony Dungy today said there is still a chance Manning could stay with the Colts.
Appearing on the “The Dan Patrick Show”, Dungy said, “I think there is a chance” when asked about the Manning staying with the Colts. “I hope it happens. I hope he does end up back with the Colts. I think that’s where he should finish his career.”