As the clock continues to click, the Indianapolis Colts and cornerback Vontae Davis – their top impending free agent – are not close to a deal.

Conversations between the team and Davis continue. But The Indianapolis Star has learned no deal is imminent and, in fact, the sides are relatively far apart in negotiations.

The timing is an important element of the story. NFL teams can enter into negotiations with other team's free agents beginning Saturday. They cannot execute contracts with those players until Tuesday, but the parameters of contracts can be discussed during the negotiating period.

That could further complicate negotiations between Davis and the Colts if other lucrative offers are presented. It could also be the impetus for getting a deal done with Indianapolis, though only time will tell.