The NFL free agency has been working like clockwork for the second day straight. The pressure is mounting and numbers are heating up, not the least of which was the big re-signing of Peyton Manning. It can now be reported that the quarterback has agreed to a 5 year contract with the Indianapolis Colts.
The deal was sealed at an astounding $90 million leaving experts and media personnel flabbergasted. The signing has most certainly stolen the spotlight from other free agent deals that were completed this Saturday.
Sources have revealed Manning will be raking in around $23 million over the period of first 3 years of the deal. However, on average the star will be earning around $18 million a season.
The most interesting thing about the deal is the fact that the legendary Tom Brady, quarterback of New England Patriots makes around the same figure. To make matters more interesting Brady and Manning sometimes become rivals, while on other occasions brothers like in the NFL player antitrust lawsuit against the league.
According to statistics, Manning’s first 2 contracts with the Indianapolis Colts were summed up to $146 million. His latest contract continues to baffle experts. On the issue, Manning stated, “Whether I deserve to be the highest-paid player over the next five years is irrelevant. I would rather them use that money and keep the players they want to keep and get other players. I told them that.”
Owner of the Colts, Jim Irsay blabbed on his Twitter account that once the deal has been sealed Manning would officially become the highest-paid player in the NFL. Well others would say close enough as Irsay and Colts had figured out a long-term contract before the NFL lockout.
In a press statement Irsay informed, “Signing Peyton was a top priority for this organization and we are thrilled that the deal is complete. We feel that it is a salary cap-friendly deal and it allows us more flexibility.”
Meanwhile, Manning, who has amazingly never been absent from a game in 13 seasons, is on the bench recovering from surgery. Manning will start practicing from the training camp of the Physically Unable to Perform (PUP) after he was placed on the list. During the offseason Manning went under the knife to be operated on a disk-related issue in his neck.
Now, for the next 5 years, there is a considerably less chance for the 35-year-old Manning to surprise his fans by producing yet another contract for with a team he has played his entire career with. By the looks of it, a 40-year-old Manning would still be ready for action.
The deal was sealed at an astounding $90 million leaving experts and media personnel flabbergasted. The signing has most certainly stolen the spotlight from other free agent deals that were completed this Saturday.
Sources have revealed Manning will be raking in around $23 million over the period of first 3 years of the deal. However, on average the star will be earning around $18 million a season.
The most interesting thing about the deal is the fact that the legendary Tom Brady, quarterback of New England Patriots makes around the same figure. To make matters more interesting Brady and Manning sometimes become rivals, while on other occasions brothers like in the NFL player antitrust lawsuit against the league.
According to statistics, Manning’s first 2 contracts with the Indianapolis Colts were summed up to $146 million. His latest contract continues to baffle experts. On the issue, Manning stated, “Whether I deserve to be the highest-paid player over the next five years is irrelevant. I would rather them use that money and keep the players they want to keep and get other players. I told them that.”
In a press statement Irsay informed, “Signing Peyton was a top priority for this organization and we are thrilled that the deal is complete. We feel that it is a salary cap-friendly deal and it allows us more flexibility.”
Meanwhile, Manning, who has amazingly never been absent from a game in 13 seasons, is on the bench recovering from surgery. Manning will start practicing from the training camp of the Physically Unable to Perform (PUP) after he was placed on the list. During the offseason Manning went under the knife to be operated on a disk-related issue in his neck.
Now, for the next 5 years, there is a considerably less chance for the 35-year-old Manning to surprise his fans by producing yet another contract for with a team he has played his entire career with. By the looks of it, a 40-year-old Manning would still be ready for action.
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