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Originally Posted by NC_Skins
He was injured before that contract. A bit different than a injury after it's signed. We really don't know unless we see the details of the contract. I couldn't imagine them not having language to cover that serious neck injury. Then again, they have insurance for stuff like this.
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Apparently, the contract does contain an out clause, but it looks like it applies only to a portion of the bonus:
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Manning signed a five-year, $90 million deal at the end of July, but if he never plays again after undergoing a third neck fusion procedure, the Colts would pay Manning $26 million this year, and there are two separate clauses for $28 million for next year - one for the Colts exercising Manning's option bonus and another for declining it.
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Manning contract has out clause for Colts | National Football Post
So, as I read the article, it looks like Manning gets 26 millon this year but may not get anything else.
(Sidenote: I know Manning is uber talented and deserves to be paid at the top of his craft, but, sometimes, I stop and think of these numbers and it just boggles my mind).