Pressed for a prediction regarding Peyton Manning, I'd say the odds favor a release by March 8.
Pressed for a solution to the situation, I'd say the best thing is for Manning and Colts owner Jim Irsay to work out a revised contract in order for him to stay. Irsay said last week he would like that to happen, but the decision must be Manning's.
The public nature of this process, along with the many changes in the Colts' organization, may push Manning to leave. The reason I say staying is the best option is because what Manning needs more than anything else is time, and the comfort of being a Colt offers him the most time to regain his arm strength for throwing the football.
For the rest of John Clayton's thoughts on the topic, check out his latest mailbag.