I think there's a lot of misinformation out there about Irsay's Manning decision. Furthermore, I can't claim to understand the truth of the matter. First of all, everyone seems to discount the notion of paying Peyton his 3/28/12 bonus and then trading him. Is that because no other team would want to take Manning's $18 million cap hit? Or is it because Irsay will want to let Manning hit free agency so he can pick his destination? Second, while we could "afford" to keep both Manning and Luck, wouldn't Manning's salary prohibit the Colts from signing pretty much any FAs at all (including our own)? Third, is it possible for Manning to push back his bonus day to facilitate a draft day trade? Is a trade in which he signs a new contract with the new team at the time of the trade possible before or after 3/28? It seems like there would be some good trade value associated with Manning that we'd be leaving on the table by cutting him. Any thoughts on these matters would be appreciated.