FWIW...I heard somewhere that Peyton was willing to restructure his contract in a way where he would be paid minimal or even no guaranteed money and have it all structured on performance. I don't know whether he was referring to for the Colts or anyone...but at that price it would be a decent deal.

I'm pretty sure that he wouldn't offer that to the Saints unless Drew was out of the picture...and I don't think he has time to wait to see how that is all gonna unfold.

There is no way Manning settles for a performance based contract. He will get a premium contract because the demand is there.