1. Peyton Manning taking a $4M pay cut

By Jeff Legwold and Chris Mortensen - ESPN

"Peyton Manning and the Denver Broncos have agreed on a new contract for the 2015 season in which the five-time NFL MVP will take a $4 million pay cut to provide more cash for the team to do business on the free-agent market, which opens with the new league year Tuesday.

Manning will make $15 million in base salary in 2015, league and team sources said, down from the $19 million he was scheduled to earn.

All that remains is for Manning to pass a physical exam, which he is expected to take Thursday, sources said. After that, he will sign the contract. The contract includes incentives that could take it back to $19 million -- $2 million for winning the AFC Championship Game and $2 million for winning the Super Bowl."    READ MORE…

Photo Gallery: Mock Draft Roundup

2. Another strong draft class of wide receivers is no coincidence

By Adam Teicher - ESPN

""You're probably going to have 35 to 40 (wide receivers) drafted this year," ESPN draft analyst Mel Kiper Jr. said. "It's a strong group. There are some really underrated guys, under-the-radar guys.

"This is a really good group of wide receivers. There's a lot of depth into the late rounds."

Drafted wide receivers combined last season for 814 catches, 10,547 yards and 82 receiving touchdowns. Those totals are all higher than for any rookie wide receiver class in the common draft era, which began in 1968."    READ MORE…

3. Bills trade for Matt Cassel

By Mike Rodak - ESPN

"The Buffalo Bills continued their busy offseason Wednesday, agreeing to terms on a trade with the Minnesota Vikings for Matt Cassel.

The Bills will send two undisclosed draft choices to Minnesota, while the Vikings will send an undisclosed draft choice to the Bills with Cassel, the teams announced.

The trade, which comes one day after the Bills agreed to trade linebacker Kiko Alonso to the Philadelphia Eagles for running back LeSean McCoy, cannot be made official until the new league year begins Tuesday at 4 p.m. ET."    READ MORE…

4. Group buys '$UH?' billboards

By Michael Rothstein - ESPN

"The Detroit Lions declined to use the franchise tag on star defensive tackle Ndamukong Suh on Monday morning, and soon after, a group of investors decided to act during what might be Suh's final week with the Lions.

An unnamed group contacted Outfront Media on Monday afternoon, and by Tuesday afternoon, in the Detroit and Grand Rapids metropolitan areas, multiple LED digital billboards saying the same thing -- "$UH?" -- started to pop up.

"A real quick thing started," Bob Brown, a sales representative for Outfront, told ESPN.com on Wednesday. "They wanted to take advantage of the controversy.""    READ MORE…

5. Texans cut center Chris Myers

By Tania Ganguli - ESPN

"The Texans released center Chris Myers on Wednesday, after seven seasons during which he never missed a game.

"I've just been very grateful about the situation over the last seven years," Myers said in a telephone interview. "It's not like I have any negative feelings or hard feelings or bitterness. What you learn as a pro early on is it's everyone's time at some point in different scenarios. I'm just real grateful for the relationships that you build over the years and the time that we had in Houston."

Myers, 33, began his career with the Denver Broncos in 2005 as a sixth-round pick out of the University of Miami. He became the starter at center upon coming to the Texans, where he had a prior relationship with then-Texans coach Gary Kubiak, who had previously worked for the Broncos."    READ MORE…

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