"Colts owner Jim Irsay plans to meet with Peyton Manning next week, but the decision of whether the Indianapolis Colts retain their franchise quarterback likely won't be made until early March.

The team owes Manning a $28 million option bonus by March 8. If it's not paid, the NFL's only four-time MVP becomes a free agent. Irsay said it's possible the date could be pushed back if both sides agreed."