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Peyton Manning may inform the Broncos about his decision early next week

We may or may not know about Manning's decision next week.

Matthew Emmons-USA TODAY Sports

According to 9NEWs Denver's Mike Klis, there are reportedly indications that the Broncos could receive an answer from Peyton Manning about his future as early as next week.

There are indications the Broncos may receive clarity on Manning’s decision by Tuesday or Wednesday of next week – or a week earlier than his official deadline of March 8. That has become his drop-dead deadline because Manning’s prohibitive $19 million salary for 2016 becomes fully guaranteed on March 9.

Klis says the Broncos may hear from Manning by Tuesday or Wednesday next week. It's a carefully worded statement from Klis. The Broncos may hear something and they may not.

If the Broncos do get an answer back from Manning, they are likely to hear one of three things.

1. That Manning has decided to go out on top and ride off into the sunset as a Super Bowl Champion. This still seems like the most likely outcome for the soon to be 40-year-old, quarterback.

2. That Manning intends to play his 19th season in the NFL. This would likely be the worse case scenario for the Broncos. They would likely have to end up releasing the quarterback and potentially going through an ugly divorce.

3. Manning could simply say that he needs more time to make a decision. Manning has until March 8th to tell the Broncos of his plans for 2016.

While things might be different behind the scenes, Denver Broncos General Manager John Elway indicated on Thursday that they will continue to give Manning time. Elway wants Manning to enjoy the post-Super Bowl time and that he "deserved" this.

"I met with Peyton a couple of nights ago. We had a good talk. As I said after the game, we’re going to give him as much time as he needs, and he still needs some more time. We’re going to afford him that time. He’s deserved that after 18 years in this league. To be able to afford him that time to figure out what he wants to do, we’ll continue to do that. That’s where we left it. We’ll stay in touch and in the next week or two we’ll get back together. It’s still in his court. We’re still going to give him that time. Let him enjoy the win. It’s only two and a half weeks since we won. We really want him to be able to enjoy that and give him that time. He’s deserved that. We’ll continue to respect that."

So we may or may not get a decision from Peyton Manning early next week. While Elway continues to say Manning "has time", the clock is ticking for Manning and the Broncos.