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Peyton Manning's agent Tom Condon says the Broncos will “have to make a move” before March 8th

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All signs point to Peyton Manning being released by the Broncos.

Matthew Emmons-USA TODAY Sports

There were rumors last weekend saying that Denver Broncos quarterback Peyton Manning would retire later this week. Well since then, there have been many comments, public speeches, and rumors swirling that Manning may actually want to play in 2016.

This puts the Broncos in a tough (or rather easy) situation. Manning's salary will be fully guaranteed on March 9th, only four days from today.

Well, Manning's agent Tom Condon told Dan Sileo of The Mighty 1090 in San Diego on Friday that "the Broncos will have to make a move" before the March 9th deadline.

"There’s a time when the contract becomes guaranteed, so they’ll just have to make a move before then," said Condon "He’s completely aware of the guarantee obligation from the club on a date certain, and he knows that there has to be some accommodation prior to that."

Condon doesn't sound like he is representing a future first ballot Hall Of Famer who is a few days away from announcing his retirement.

In all likelihood, the move the Broncos will make is announcing that they are releasing quarterback Peyton Manning.

Releasing Manning will free up a much needed $19 million dollars in cap space for the Broncos. This cap space will be used to potentially sign quarterback Brock Osweiler, defensive end Malik Jackson, and any other free agents available.

The reason the Broncos will probably have to release Manning is that he reportedly hasn't decided if he wants to retire or not.

"I couldn’t answer that accurately," said Condon "I know better than to ask him. I understand that when he makes up his mind as to what he wants to do, he’s gonna let me know. But as of now, he wanted to take his time and be patient with the decision and make sure that he is sure. . . . Let’s face it, he loves it. He loves being the locker room, he loves working out and of course the interaction with his teammates, and he loves the game."

Manning can take all the time he wants this offseason to make up his mind on whether or not he wants to return for 2016, but it is becoming very clear that he will not be apart of the Denver Broncos in 2016.