Archive for the ‘Indianapolis Colts’ Category

@Jim Irsay: OFFICIAL—-WE HAVE A DEAL!!!!!!!!!!!!!

Posted by Brad On July – 30 – 2011

"peyton manning re-signs with Indy"As if there were any question that he would, not it’s official.  Peyton Manning will remain a Colt, probably for his career.

ESPN’s Chris Mortensen broke the story that the Colts and Peyton Manning came to an agreement on a five-year, $90 million deal.  Reports were that Jim Irsay was willing to go 5-years, $100 million but Peyton wants to add pieces to make another Super Bowl run so he accepted less money.  This deal is the same average value ($18 million) that Tom Brady got when he signed his 4-year, $72 million deal with the Pats.

This deal was a cap friendly deal that will see Peyton’s cap number drop by over $10 million.  Peyton will make $69 million over the first three years of this deal (average $23 million) and $21 million over the final two years (average $10.5).  The final two years of this deal will be re-done when the new TV deal comes in 2014.

In separate but related news, the Colts released CB Kelvin Hayden which will save them a little over $6 million in salary.  Hayden is talented but injury prone and not living up to his contract.


Couple Colts Signings

Posted by Brad On July – 27 – 2011

The Indianapolis Colts have retained the services of K Adam Vinatieri and S Melvin Bullitt.  Vinatieri has inked a three-year deal to stay with the Colts and Melvin Bullitt’s contract terms have not been released.

Bullitt has posted 182 tackles, 6 INT’s, and 2 forced fumbles in 24 career starts.

  • Follow nflfuture on Twitter
  • Archives