Colts owner Jim Irsay announced Wednesday afternoon that quarterback Peyton Manning has been released by the team. An emotional, and at times tearful, press conference marked the end of Manning’s 14-year tenure with the Indianapolis franchise. Both Manning and Irsay described a painful process that lead to the decision to part ways. “It’s certainly been emotional,” Manning said. “It’s weighed heavy on my heart, but I’m at peace with it.”
On Wednesday, the two stood in agreement on the team’s choice to let the four-time MVP go. “I will leave the Colts with nothing but good thoughts and gratitude,” Manning said.
Irsay said the team plans to retire Manning’s No. 18. The former Colts’ quarterback said he hadn’t decided where he might land next. “I haven’t thought about where I will play but I have thought about where I’ve been,” he said.
Manning also reiterated his commitment to keeping a relationship with the city, the organization and its owner. “Jim and I will have a strong relationship forever,” he said.