IBJNews

Irsay: Colts put franchise tag on Manning

Back to TopCommentsE-mailPrintBookmark and Share

The Indianapolis Colts are keeping Peyton Manning — no matter what it costs.

Manning, the only four-time MVP in league history, has been given the exclusive franchise tag, a move that could cost the Colts $23 million next season. Team owner Jim Irsay announced the decision Tuesday night on Twitter.

"We have placed the franchise tag on Peyton while we continue to negotiate a long term deal," Irsay wrote.

The move is hardly a surprise.

Last year, Irsay promised to make Manning the NFL's highest-paid player. He has reiterated that position many times since then with one caveat — if the Colts couldn't reach a new deal with Manning before free agency started they would use the franchise tag.

The Colts did the same thing in 2004 before eventually agreeing to a seven-year, $98 million deal. The Colts then pulled the tag.

Irsay hasn't backed down on either promise, and Manning, as he usually does, has remained silent about the contract.

Three weeks ago, the Colts put their first formal proposal on the table. It was an offer Irsay and team president Bill Polian wanted to make last October, but Manning informed the team then, through his agent, that he did not want to start negotiating until after the season.

The current offer is believed to be richer than the four-year, $72 million contract that New England quarterback Tom Brady signed in September. Brady's contract also included $48.5 million in guaranteed money, and Irsay has called that deal the standard.

"It's not a normal negotiation, his legacy and our relationship, it's very unusual," Irsay said last month.

On Tuesday, Indy decided not to wait any longer to make its decision.

By "tagging" Manning, no other team can negotiate with the Colts' franchise quarterback.

How critical is Manning to the Colts' success?

In 13 seasons, he has broken all the franchise's career records for quarterbacks and has never missed a start. He's taken Indy to the playoffs 11 times, captured seven AFC South titles in eight years, won two AFC championships, one Super Bowl title and a Super Bowl MVP Award.

And the Colts won more regular-season games in the past decade (115) than any team in NFL history.

The move does free up the Colts to work on other contracts before the collective bargaining agreement expires March 3.

The list of their potential free agents includes running back Joseph Addai, kicker Adam Vinatieri; Charlie Johnson, Manning's blind side protector; Melvin Bullitt, a key backup at safety who is ready to start; starting linebacker Clint Session and starting defensive tackle Dan Muir.

Irsay also has promised "significant" announcements in the coming weeks.

But, of course, none would be bigger than giving Manning the richest deal in league history in what could be his final NFL contract.

"It's important," Irsay said when asked about the importance of reaching a new deal with Manning.

"But it's something that you don't totally control, so I think you have to be prepared to work on your roster while you're doing that. That's a big part of the equation, but I think you have to be able and ready to shape your roster."

ADVERTISEMENT

  • The Next Drama Queen Gets Exposed
    The Colts are playing into the hands of the next Brett Farve if ever I've seen it. They're blind to the fact that this guy's in the same circles as the original drama queen. They both need to give it up and give the fans a break. In other words one down one to go.

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. Hello Dear Are you tired of Seeking Loans and Mortgages,have you Been Turned down constantly By your banks and Other Financial Institutions or Micro Finance scheme. This is let you know with 100% guarantee that we Offer loans ranging from $1,000 Minimum to $1,000,000.00 Maximum at 3% interest rate per Month. We give out LOANS for developing business. a competitive edge/business expansion. email address: michealscottloan124@gmail.com We offer the following kinds of loans and many more; * Personal Loans ( Unsecured Loan) * Business Loans ( Unsecured Loan) * Consolidation Loan * Combination Loan * Home Improvement * Xmas Loans for contact to seek for loan email this email address: michealscottloan124@gmail.com Thanks

  2. My name is Mr Henry Josh and i live in the USA California and life is worth living right now for me and my family and all this is because of one man sent by GOD to help me and my family, i once had a life filled with sorrow because my first SON needed a kidney transplant and all our savings were going towards his medications and this normally leaves us with no money to pay our bills or even put enough food on our table and our rent was due and no funds to pay these bills and life felt so unfair to me and every night my wife will cry herself to sleep every night until one day, i was browsing through yahoo answers and i saw a striking advert of a man that gives out personal loans and that the offer is opened to all and i have heard so many things about internet scams but at this point of my life, i was very desperate and ready to take any risk and at the end of the day, i applied for this loan and from one step to another, i got my loan within 12 hours through bank transfer and you know, it was all like a dream and i called Mr Daniel Jones A Man who is the GOD sent lender i found and said, i have received my loan and he smiled stating that to GOD be the glory and i was so shocked as i have never ever seen anyone with such a GOD fearing and kind heart and today, i am the happiest man on earth because by GOD’S grace, my SON kidney transplant was successful and today he is healthy, i and my family are living very comfortable and happy and if you are in my former situation or in serious and legitimate need of a loan, you can reach this GOD sent lender via fidelityloanfirm@outlook.com

  3. Greetings to everyone reading this comment!!! I am Greg William by name. I am out here to recommend the effort of Mark Oscar,I was in need of a consolidation loan amount of 50,000 and as soon as I got in contact with Mark Oscar Loan Firm on Wednesday last week and on Friday last week as well I receive an alert from my bank(Royal Bank of Scotland Group) that the fund was transferred,I want everybody on this site to contact Mark Oscar now via email on how to get a loan because I got my loan from them and I am very happy,so contact them now. Oscarloanfinance@hotmail.com Thanks!!!!!!

  4. Elected officials, like Mourdock, get vested in 8 years. It takes 10 years for all other public employees, most of whom make a lot less money. So much for the promise to finish out his term.

  5. Great state treasurer and a good man!! Just curious if the folks who didn't quite understand his quote would like to tell my daughter-in-law that God didn't intend her! Mourdock's comment was correct but twisted and the article didn't mention that his opponent and the press let the impression stand that Mourdock meant that the rape was intended. Stupid people!!

ADVERTISEMENT