[NothingTrivial]

Id take Luck and cut ties with manning one way or another. Had this been 2 years ago I would say keep manning and trade the pick, but with the new CBA being in place now teams are gonna get top picks at a bargain compared to past years(Cam Newtons contract is worth 56 million less overall and 28 million guaranteed than Sam Bradford). Manning is gonna get 28 million if he is on the roster at the start of the league year and with Reggie Wayne's expiring contract, Luck's ability to step in and play right away makes him an attractive pick. The money you gain with Manning and Wayne gone could be spend building a great team around Luck. The list of free agents looks good for the colts

RB
Matt Forte
Arian Foster (restricted)
Ray Rice
Peyton Hillis
Michael Bush

WR
Mike Wallace (restricted)
Dwayne Bowe
Desean Jackson
Vincent Jackson