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What do the odds say about where Peyton Manning will play in 2012?

Indianapolis Colts quarterback Peyton Manning calls a play against the New Orleans Saints in the first quarter during the NFL’s Super Bowl XLIV football game in Miami, Florida, February 7, 2010. REUTERS/Hans Deryk (UNITED STATES)

Now that he has officially be released from the Colts, speculation is heating up on where Peyton Manning will sign for the 2012 season.

So what do the odds say about which team will sign Manning when the free agency period kicks off next week?

According to oddsmakers at the online sports book, the Dolphins are the favorites to land Manning at +125. The team with the next best odds is the Cardinals at +350, followed by the Chiefs at +600, the Jets at +700, and the Seahawks and Redskins at +800, respectively.

Some of the long shots include the Broncos (+1000), 49ers (+1000), Texans (+1800) and Titans (+1800). There’s also +600 odds on “The Field,” which constitutes any other team not listed by the website, as well as “No Team,” which has odds of +1200. “No Team” comes with the stipulation that Manning doesn’t throw a pass in the 2012/13 NFL regular season.

As expected, rumors are flying in regards to where Peyton will wind up. ESPN’s Adam Schefter reported this morning that the Chiefs and Broncos have spoken to Manning’s reps, although Peyton reportedly has no interest in playing for a cold weather team. If that’s true, that would theoretically take the Broncos, Chiefs, Jets and Seahawks out of the running, while making teams like the Cardinals and Dolphins the frontrunners.

Personally I’m pulling for Manning to wind up in New York, although only because it would make for the best storylines. Manning and Brady could go toe-to-toe twice a year and the Manning brothers would be playing in the same city. Plus, the dynamics between Peyton and Rex Ryan would be fun to watch unfold.

Follow the Scores Report editors on Twitter @TheScoresReport. You can also follow TSR editor Gerardo Orlando @clevelandteams and @bullzeyedotcom, and you can follow TSR editor Anthony Stalter @AnthonyStalter.

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