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News / Sports / National Sports

Irsay: Indy has new contract proposal for Manning

The Columbian
Published: November 1, 2010, 12:00am

INDIANAPOLIS (AP) — Colts owner Jim Irsay says the team wanted to make Peyton Manning a contract proposal during the team’s bye week but acknowledged Manning wants to wait until after the season to complete a new deal.

Manning’s contract expires at the end of the season.

On Monday, hours before the Colts hosted their first Monday night game in Lucas Oil Stadium, Irsay said the team had hoped to complete some negotiations during the bye week. He did not divulge details of the team’s proposal.

But Irsay reiterated Monday that he still intends to make Manning the highest-paid player in the NFL, and that Patriots quarterback Tom Brady’s recent deal would be the foundation for what the Colts are offering. Manning is the only four-time MVP in league history.

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