The ending that most anticipated among 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 each 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 1st general choose in the 1998 NFL Draft, a $ 28 million bonus if he is on the team’s roster at the commence of the league year. Manning will turn into a free of charge agent instantly.
As far back as late January, Manning, 35, said he had no plans to retire following missing the entire 2011 season following four procedures to repair two vertebrae in his neck. His most recent surgery on Sept. 9, a cervical neck fusion procedure, was intended to repair a damaged nerve in Manning’s neck that brought on weakness in his throwing arm.
Those close to Manning have maintained his desire to continue his career regardless of concerns that nerves in his arm had not been healing and had been prohibiting his throwing. Manning has been throwing because December, and 4 sources with understanding of his rehab approach lately told Breer that Manning has steadily regained strength in his grip and triceps.
To that finish, Manning took portion in an aggressive throwing session at Duke University on Friday in which the quarterback was filmed throwing deep balls in a Colts jersey and helmet.
A video posted late Friday on YouTube was confirmed to be Manning throwing to receivers.
Irsay had publicly stated in February that the team would welcome Manning back, but only on a restructured contract that reflected the uncertainty of the quarterback’s recovery.
The Colts hold the No. 1 overall pick in the 2012 NFL Draft, and Irsay has stated the team would draft a quarterback whether or not or not Manning was healthy.
Adhere to Jason La Canfora on Twitter @JasonLaCanfora
(About:) This article was distributed by Syndicated Sports news wire and aggregation service, For much more NFL news see: Colts expected to element methods with Manning right after 14 seasons.