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Old 07-30-2011   #1
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Default Colts, Peyton Manning agree to 5-year, $90 million contract

Posted by Michael David Smith (PFT) on July 30, 2011, 3:30 PM EDT


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The Colts have Peyton Manning in the fold for five more years.

Manning, the Colts’ franchise quarterback since 1998, has agreed to a five-year, $90 million contract, ESPN’s Chris Mortensen is reporting.

Colts owner Jim Irsay has said that Manning deserves to be the highest-paid player in the league, but Manning said he was willing to take less than the Colts were offering if it meant they’d have more salary cap space for some of his teammates. Mortensen reports that Irsay was willing to go up to $100 million over five years.

We don’t yet know how the numbers break down — how much is guaranteed, how big a signing bonus Manning received — but Manning will average $18 million a year for five more years. Manning agreed to a deal with the same average value as Tom Brady got on his four-year, $72 million contract with the Patriots.

And Manning will be the Colts’ quarterback through the 2015 season, when he’ll be 39 years old.
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Old 07-30-2011   #2
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Default Re: Colts, Peyton Manning agree to 5-year, $90 million contract

With his new contract Peyton Manning will make:

$1,125,000 a game

$281,250 per quarter

$26,510 per pass attempt.


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Old 07-30-2011   #3
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Default !

Boy did he save Irsay a bot load!!!

The Colts better be happy with what they have now.
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Old 07-30-2011   #4
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Default Re: !

nearly 70 million of his contract is going to be paid in his first 3 years. Saving his team money my butt, if anything he's hamstringed his team for 3 years and then after that he'll be a relic (with probably more injuries)
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Old 07-30-2011   #5
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Sweep the neck!
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Old 07-30-2011   #6
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Default Re: !

Quote:
Originally Posted by El Tejano View Post
Sweep the neck!
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