Despite his throwing session that took YouTube by storm this past weekend, Jim Irsay of the Colts looks like he’s made up his mind regarding Peyton Manning.

According to reports the Colts will release their longtime veteran QB Manning this Friday.

Manning has played his entire thirteen year career with the Colts but was sidelined all of last season due to various neck injuries

If the Colts didn’t cut Manning he would be due $28 million dollars in 2012.

It’s still believed that the Colts will move forward with drafting Andrew Luck with the first overall pick in April’s NFL draft.

Ref: ESPN, Twitter