This just in: NFL owners are insane.

According to NFL Network’s Albert Breer, the parameters of the five-year, $90 million contract that Peyton Manning signed last year with the Colts are serving as the “starting point for negotiations on his next deal.”

Let’s push the rewind button for a second. This is the same Manning that is coming off four neck surgeries and may not be able to withstand one more hit in the NFL, nevertheless countless hits over the next five years.

Seeing as how he makes the league more competitive and fun to watch, I’m pulling for him to rebound and be the same player he was before. But the fact remains that until he gets on that field again, he’s the ultimate risk. I’ve spoken with former athletes who have dealt with similar nerve damage and they were never the same following surgery. They would throw a ball as hard as they could only to have their entire arm go numb for the next 20 minutes. And while Manning might not suffer through the same misfortunate, who knows where he’ll be in September when he starts taking hits from 290-pound defensive ends.

Whichever team signs him will sell a lot of Manning No. 18 jerseys, or at least that’s what these owners are probably thinking. And considering he has multiple teams interested in his services, there’s no reason for Peyton not to ask for big money and play it off like 2011 was a complete aberration. If teams are willing to pay, good for him and his representatives for making them pony up to see which cards he’s holding.

But $18 million a season for the next five years? Yikes. Obviously we have no idea how the final contract will be structured and the total number could be much less than $90 million. In fact, the Denver Post reports that the Broncos’ offer is for $60 million, with $30 million guaranteed.

That said, $60 million is still a ton of money for a team to be investing in, for all intents and purposes, a complete unknown. Peyton isn’t going to take a $5 million “show me deal,” nor should he. But unless that $90 million turns out to be an incentive-laden deal (which is unlikely), then whichever team lands him might as well start holding its breath the minute he signs on the dotted line. Because they don’t quite know what they’re getting for their money and one workout at Duke isn’t going to tell them either.