The Facts:
In an effort to make inroads on what is expected to be the richest player contract in NFL history, the Colts and Manning's agent Tom Condon met face-to-face Thursday in Indianapolis and for the first time the team presented a proposal to its quarterback in these negotiations, according to team and league sources.
Reported by ESPN.com
Fantasy Football Diehards Line:
According to ESPN's Chris Mortensen and Adam Schefter, The two sides met for hours, trying to accelerate a process that has generated much speculation but until this week, no discussion. During the meeting, the Colts extended their first offer to Manning; it was more lucrative than the four-year, $72 million contract that included $48.5 million in guaranteed money that Tom Brady signed in September. The two sides are trying to consummate a deal before the league year ends at 11:59 p.m. March 3, when players will not be allowed to sign contract unless there is a new collective bargaining agreement. Should they fail to strike a deal in the next two-plus weeks, the Colts are preparing to slap their franchise tag on Manning, even if there is a question about whether it would hold up without a collective bargaining agreement.
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