Well this is surprising. For weeks we thought Peyton Manning and Reggie Wayne were a package deal. Today when I found out that they weren’t necessarily, some speculated that Arizona, Denver, or Miami could sign him in order to increase their chances of signing Manning. I don’t think anyone saw him going back to Indianapolis.

Wayne is an aging player who turns 34 in November, but he’s still a very talented wide receiver whose streak of 7 straight 1000 yard seasons ended last season when he put up 960 yards with Curtis Painter, Kerry Collins, and Dan Orlovsky, which is still impressive. He’s not going to get any better, but the Colts were so thin at wide receiver that they almost had to make this move otherwise Andrew Luck would have no one to throw to. Wayne provides him a reliable veteran target and is signed at a reasonable rate (3 years, 17.5 million, with 7.5 million guaranteed).

Grade: A