NFL Media's James Palmer reported Monday on NFL Network's Total Access that no decision is expected this week from Manning about his playing future. Palmer also reported, from a source close to the situation, that the decision will go right up to March 9th, the start of the new league year and when Manning is guaranteed his $19 million salary for 2016.
Palmer's update comes on the heels of Denver Post columnist Woody Paige reporting that Manning would "acknowledge his decision" to retire by the end of this week.
Manning is scheduled to speak with both Elway and Broncos coach Gary Kubiak sometime this week, Palmer reported.
The expectation is that Manning will make his final decision next week. NFL Media Insider Ian Rapoport reported that Peyton already told close friends in early February that he expected to retire during the offseason.
It's likely just a matter of the Broncos and their star quarterback hammering out the timing for a proper announcement to honor Manning.
With free agency set to kick off next Tuesday, his fate will become clear sooner than later.