A lot of talk about the Colts not picking up Peyton's 28 million dollar option and just letting him walk. Peyton may be one hit away from never playing again. That is if he can even get back on the field. Peyton is an unbelievable QB but if I'm the Colts, I wouldn't risk it. Grab Luck and start the rebuilding process.
The word from the smarter ESPN guys is that Peyton isn't going to offer to modify the terms of his current agreement, as that's his leverage right now. It may suck when it happens, but the Colts are going to cut Peyton instead of paying him the $28 million bonus in March.
At that point, he becomes a free agent and
assuming he passes the physical, he's going to be offered a huge, 3-year deal by a team like Washington.