The Indianapolis Colts are actively trying to resign franchise quarterback, Peyton Manning. Manning just finished the last year of his 7-year $98 million dollar deal he signed in 2004. If a deal cannot be reached within the next two weeks, the Colts are prepared to use their franchise tag on the 4-time MVP. Applying the franchise tag would guarantee Manning roughly $23 million for the upcoming season.
Allegedly the Colts have met with Manning and promised to bring in better players to surround him with, seeing as he will be 35 in March and the time to win championships is dwindling. Since Manning signed his last deal in 2004, the Colts have only signed 4 free agents. Therefore, the Colts are willing pay Manning exorbitant amounts of money to remain in Indianapolis, but they are also looking to defer some of that money in order to bring in a better supporting cast.
The Colts should ink this guy for five years and try to squeeze out everything they can from him. He's going to have chances at another ring, seeing as the Colts win the AFC south annually, and thus guaranteeing Manning at least one home playoff game. The Colts were eliminated by the Jets on wild card weekend.
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