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The question is whether the Colts are willing to pay a 36-year-old quarterback who has had three neck surgeries in 19 months.
And there have been growing indications the Colts may be ready to part with their longtime franchise player, though Irsay will make the final call.
"You can't do things to where you are going to hurt the whole franchise with other decisions that you know might hurt at the moment, but in the end they help the sum of the parts," Grigson said. "It is a tough deal in this business, and it happens at every position. It happens with coaching, it happens with people in personnel and it is completely part of the process and the business."
Irsay and Manning are scheduled to meet again next week.
Last month, the Colts fired vice chairman Bill Polian, general manager Chris Polian, coach Jim Caldwell and most of Caldwell's assistants. The flurry of moves prompted Manning to go public with his complaints, which drew a strong rebuke from Irsay.
The two appeared to mend fences Friday.
But the onslaught of Manning news just keeps coming.
"It's hard not to pay attention. It seems to be all over the news everywhere and I don't live in a cave," said Stanford quarterback Andrew Luck, the presumed successor to Manning.
"You never really replace someone like that," he added. "He (Manning) is such an iconic sports figure especially for this city, this area. From what I understand, he's done so many great things outside of football and in the community."
[Associated Press;
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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