I have my own hunches that the press conference is to announce that Peyton Manning is in violation of his contract by participating in the Double Stuff Racing League, but I could be wrong about that (by the way, Olivia Manning honestly makes me laugh in those commercials, and she might be my favorite Manning).
Anyway, assuming Schefter's right, it's obviously good news for the Colts. Not that they wouldn't be in good hands with coach-in-waiting Jim Caldwell, but the Colts are set up quite nicely next year. They shouldn't be anything but healthier, more experienced, and more motivated as they head into their brand new building.
The press conference will be on ESPNews, if you're into such things.
• Colts head coach Dungy will return for the 2008 season / NFL.com
- Olivia Manning