Indianapolis Colts Release Peyton Manning

March 7, 2012 Updated Mar 7, 2012 at 1:19 PM EDT

...

Indianapolis Colts Release Peyton Manning

March 7, 2012 Updated Mar 7, 2012 at 1:19 PM EDT

The Peyton Manning era is over in Indianapolis.

The Indianapolis Colts will release the four-time NFL MVP, after the quarterback missed the entire 2011 season after undergoing a series of neck surgeries, according to the Indianapolis Star.

Manning and Colts owner Jim Irsay are holding a joint press conference Wednesday.

Follow the Indianapolis Star coverage HERE.