The Facts: Following up on an ongoing story. ... The Colts have Manning in the fold for five more years. Manning, the Colts’ franchise QB since 1998, has agreed to a five-year, $90 million contract, ESPN’s Chris Mortensen is reporting.

Diehards Line:NFL Network insider Michael Lombardi is reporting the same figure. ... As noted last night, the Colts were prepared to make Manning the highest-paid player in the league, but Manning said he was willing to take less than the Colts were offering if it meant they’d have more salary cap space for some of his teammates. Mortensen reports that Irsay was willing to go up to $100 million over five years. It remains to be seen how much of the money is guaranteed -- and how big the signing bonus is, but it's a done deal. Manning agreed to a deal with the same average value as Tom Brady got on his four-year, $72 million contract with the Patriots. And as PFT's Michael David Smith notes, Manning will be the Colts’ quarterback through the 2015 season, when he’ll be 39 years old.