NFL.com news: Colts expected to part ways with Manning after 14 seasons

The ending that most anticipated between the Indianapolis Colts and Peyton Manning will arrive on Wednesday, according to league sources, when the team is expected to release the four-time NFL MVP.

The team has made preliminary plans for the news conference Wednesday to officially announce the move.

The Colts are awaiting the final word from owner Jim Irsay, who has been out of town at meetings, but the expectation is they will go forward with the release and the press conference. Manning and Irsay will both travel from Florida to Indianapolis on Wednesday, possibly together, according to NFL Network’s Albert Breer.

The move has been widely expected, as the rebuilding Colts owe Manning, the first overall pick in the 1998 NFL Draft, a $28 million bonus if he is on the team’s roster at the start of the league year. Manning will become a free agent immediately.

via NFL.com news: Colts expected to part ways with Manning after 14 seasons.

 

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