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Failed ownership effort may have prompted Manning to turn down Titans

peyton-manning-eli-manning-family Getty Images

Last week, after Titans owner Bud Adams said that he wanted to give quarterback Peyton Manning a contract “for life,” we started to collect information about how that could happen. The league had no comment, and when we started to get information from someone who was willing to paint the picture on background, the first response from the source dealt with the rules regarding transferring minority ownership to Peyton.

It made me think the source knew something more than the rest of us did about the intended meaning of a contract “for life.”

On Friday, Brock Huard of ESPN Seattle speculated openly about the possibility that Peyton and Archie Manning had designs on putting together an Art-and-Dan-Rooney-style ownership package, with the Mannings holding the mandatory minimum of 30 percent and selling the other 70 percent to some big-money Tennessee interests.

On Monday, Dan Patrick advanced the same theory, in a very deft “I know more about this than I can say” way.

If that was indeed the objective, the problem is that the transaction couldn’t have happened without significant cap consequences.  At most, an unenforceable handshake arrangement could have been devised, but if the 89-year-old Adams were to be flipping the bird from that great luxury suite in the sky before Peyton’s playing career ended, the whole thing would have likely fallen apart.

In the end, it’s unknown how much influence, if any, an impractical desire to eventually acquire controlling interest of the team had on Peyton’s decision.  But if/when the time comes to sell the Titans at some point after Peyton’s career ends, don’t be surprised if he and Archie try to put together enough cash and debt to buy 30 percent, and to get the other 70 percent from one or more folks who were shooting up some food, and up from the ground came a bubbling crude.

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28 Responses to “Failed ownership effort may have prompted Manning to turn down Titans”
  1. bucrightoff says: Mar 19, 2012 6:48 PM

    Damn, Peyton and Archie going for the hostile takeover?!?!

  2. jp23mc says: Mar 19, 2012 6:59 PM

    Did Mike just compare our beloved governor’s family to the Beverly Hillbillies?

    If so, that’s quite the astute observation…

  3. modellforprez says: Mar 19, 2012 6:59 PM

    I think archie said no no. he is the one who makes decisions for the double mint gumps. eli really cried to daddy to get him out of san diego drafting him he ends up in new york of all cities and thrives meanwhile older blood is talking bout my neck and my back he might have done san fran a favor and tennakey cause those herbs can’t satisfy them brauds

  4. yssupasigninnamnotyep says: Mar 19, 2012 7:05 PM

    There you go Donkey fan – he’s stealing money form your idiotic owner so he can buy a percentage of a team later on with daddy.

    Does that make you feel better? Good luck with attempting to buy a SuperBowl…ain’t gonna happen.

  5. driftw00d says: Mar 19, 2012 7:09 PM

    Well, Archie does resemble Granny Clampett, and I’m sure Peyton could play a mean Jethro.

  6. clavette says: Mar 19, 2012 7:12 PM

    eli wants in on this too

  7. babyhorsemorgan says: Mar 19, 2012 7:18 PM

    An unauthorized photograph was leaked showing the real reason that Peyton Manning looked good throwing the ball on film.

  8. LoCoSu@%s says: Mar 19, 2012 7:27 PM

    Anyone else not able to intermittently not do thumbs up/down?
    The count goes up (or down) momentarily and comes back to where it was..

  9. anchorofgold says: Mar 19, 2012 7:28 PM

    It doesn’t take a rocket scientist to figure out that he’s talking about the Haslams of Pilot Oil wealth. Huge UT boosters. Jim III has a minority share in the Steelers, which helps the entire process.

  10. jimmysee says: Mar 19, 2012 7:29 PM

    Does the team become the Tennessee Mannings?

    Like the Cleveland Browns?

  11. rushbacker says: Mar 19, 2012 7:30 PM

    Or, Manning and Elway could front a group to buy the Broncos from Pat Bowlen in a few years, since his idiot children don’t want to run the team.

  12. nineroutsider says: Mar 19, 2012 7:33 PM

    I thought I was joking by saying that Adams wants Peyton to be his Anna Nicole Smith; seemed about right though, just the other way around. The Mannings wanted themselves an elderly sugar daddy to exploit…

  13. ninerrob52 says: Mar 19, 2012 7:49 PM

    The CBA states that verbal agreements (aka handshake deals) are not allowed. The obvious reason being that if they allowed handshake deals there would be teams using it to get around the cap (Cowboys amd Redskinds maybe) as well as legal issues when expectations aren’t met.

    That scenario could become a powder keg. Most associations that deal heavily in contracts like state real estate associations have similar provisions for similar reasons.

  14. nyjetsfan08 says: Mar 19, 2012 7:50 PM

    The fact that the “job for life” deal may have been futile in the eyes of the NFL, possibly because he’s still an active player, may yield Manning was offered a lower player contract than Denver.

    I don’t think he ever was going to the 49ers or any NFC team. I thought it was reported that he does not want to play in the same conference as Eli, let alone the same division. The 49ers probably didn’t offer him as much money as Denver, but the 49ers would’ve been a favorite pick for the SuperBowl. I think what ultimately killed it, ignoring the fact that the 49ers are an NFC team, is Harbough does not want to break up the nucleus of that team and Peyton wants his former Colts teammates around him. Plus, at this stage of his career, Peyton demands full control of the offense and I don’t think Harbough would’ve given Peyton the keys to the car — they are both control freaks. And the fact that Harbough was Peyton’s backup QB might’ve made a hostile situation of who controls the offense and the team. I feel Harbough wants to be the face of the 49ers and not let the QB overshadow him. Besides, what would a backup QB teach a HOF SuperBowl QB in Peyton Manning? It makes no sense and that’s why Denver made the most sense.

    Still, I wish he would’ve signed with the Fins.

  15. rtk23 says: Mar 19, 2012 7:57 PM

    Anyone else not able to intermittently not do thumbs up/down?
    The count goes up (or down) momentarily and comes back to where it was..

     It adds two anytime I do it.

  16. dapple5 says: Mar 19, 2012 8:16 PM

    The Manning’s real and intended manipulations of NFL teams for their own self-interest is appalling to me. Sure one can say that fair is fair and why not go for all they can get. However in my opinion they just keep taking it to the extreme. It is becoming transparent that Archie has a self-inflated echo and is using his sons, apples that didn’t fall far from the tree, to become influential in a way that he was never able to achieve as a player. I’m losing respect for both Archie and Peyton. More by the day. I don’t think I’m alone in that. Money and power seem to be their primary motivation.

  17. sml1950 says: Mar 19, 2012 8:21 PM

    I was under the impression that Elway has the same handshake arrangement to buy the Broncos from Bowlen and may have offered Manning a piece to get him to Denver.

  18. east96st says: Mar 19, 2012 9:09 PM

    “Anyone else not able to intermittently not do thumbs up/down?
    The count goes up (or down) momentarily and comes back to where it was..”

    What’s really interesting is how it only happens with certain comments. Some guys you can thumb up or down no matter what. Other guys seem to have become “untouchables”. You can never thumbs down them, no matter what they post. I guess they found their way into PFT’s “champagne room”.

  19. footballisfun says: Mar 19, 2012 9:40 PM

    They were smart. From my experience, never trust a “handshake” deal with a Texan. It’s about as good as a contract written on vapor.

  20. thcnote says: Mar 19, 2012 10:02 PM

    yssupasigninnamnotyep says:
    Mar 19, 2012 7:05 PM
    There you go Donkey fan – he’s stealing money form your idiotic owner so he can buy a percentage of a team later on with daddy.

    Does that make you feel better? Good luck with attempting to buy a SuperBowl…ain’t gonna happen
    —–
    I love when people cry because they can’t have what I’ve got.

  21. rascalmanny says: Mar 19, 2012 10:27 PM

    Peyton burnt a lot of bridges today. There’s a LOT of ex-Manning fans in TN now.

  22. mjkelly77 says: Mar 19, 2012 10:27 PM

    Greedy Swamp Boy. Just like Daddy.

    Caveat emptor.

  23. rollteal says: Mar 19, 2012 10:44 PM

    I always kinda figured years back now this is years back that with all the talk of benson moving the saints to LA .. That the Mannings getting their funds together and buy the team or since benson is getting up in age.

  24. weswelkerspornstash says: Mar 19, 2012 10:56 PM

    I would think that the crew you are referring to does hold season tickets at an SEC school but not in Knoxville.

  25. LoCoSu@%s says: Mar 19, 2012 11:15 PM

    east96st says:
    Mar 19, 2012 9:09 PM
    “Anyone else not able to intermittently not do thumbs up/down?
    The count goes up (or down) momentarily and comes back to where it was..”

    What’s really interesting is how it only happens with certain comments. Some guys you can thumb up or down no matter what. Other guys seem to have become “untouchables”. You can never thumbs down them, no matter what they post. I guess they found their way into PFT’s “champagne room”.


    lol. Just so you know, I couldnt thumbs up your post!

  26. xx4zu1 says: Mar 20, 2012 12:16 AM

    It’s working for me I just thumbs downed every post so feel free to return the favor.

  27. patpatriotagain says: Mar 20, 2012 1:03 AM

    jed york “clampett” to become a majoriy owner of titans?

  28. LoCoSu@%s says: Mar 20, 2012 1:44 PM

    xx4zu1 says:
    Mar 20, 2012 12:16 AM
    It’s working for me I just thumbs downed every post so feel free to return the favor.

    ——-
    Hey whaddya know, it worked

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