Is it possible that Indianapolis will hold on to Manning and draft Stanford star Andrew Luck? Sure, but a mentor-pupil scenario doesn't seem viable with Manning due $28 million in March. If Indy decides to retain Manning, then it would make the most sense to draft for immediate gratification -- a running back, linebacker or cornerback. Or, Indy could trade the top pick for veteran talent to fill its multiple gaps on defense. However, Colts owner Jim Irsay has said publicly that he's planning to draft Luck with the No. 1 overall pick.
Still, according to oddsmakers, the Colts' best chance to win it all next season definitely comes with Manning under center.
Odds to win Super Bowl XLVII with Peyton Manning: 25:1
I've also heard ESPN and other outlets report that the Colts will draft Luck, citing, "sources inside the organization." Again, nothing specific. Taking Luck if Manning is healthy is the worst decision they could make.
When did Irsay say publicly and specifically he was planning on drafting Luck? All I've heard were more ambigious messages like "if we have a good opportunity to draft a high-level QB we will certainly look into that."
Finally a journalist who points out the obvious flaw with the whole coexistence scenario. Don´t quite get why immediate gratification would come from a RB or LB, however.