Peyton Manning, Colts postpone talks

Updated: October 25, 2010, 2:22 AM ET
By Chris Mortensen | ESPN

Peyton Manning will not have a new contract before the season ends.

Manning's agent, Tom Condon, confirmed that he informed Indianapolis Colts president Bill Polian in a face-to-face meeting Wednesday that the 13-year veteran quarterback will not discuss or negotiate a new contract until after the 2010 season. Condon said Polian's reaction was simple: "OK."

Manning is in the final year of a seven-year, $99.2 million contract. If he does not have a new deal in place for 2011, the Colts are expected to place a franchise tag on the quarterback at an estimated guaranteed $24 million.

Condon also said there have been "zero negotiations" between the Colts and Manning.

Condon, who represents many of the league's top players, made a 255-mile drive from St. Louis to Indianapolis to deliver a very brief message that Manning does not want any distractions during the football season.

"Why did I drive all that way? Because we have a long-standing relationship," replied Condon.

Chris Mortensen is ESPN's Senior NFL Analyst.

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