INDIANAPOLIS, IN (The Spread) – The biggest non-Super Bowl story out of Indianapolis just took another twist this week.

Peyton Manning has been cleared to play by the doctor who operated on the quarterback's neck. A spokesman for Dr. Robert Watkins sent a one-paragraph email to reporters late Thursday night after ESPN first reported that Colts' star had been cleared to play.

The Colts contend it is nothing new because Manning was cleared to practice in December, a move that would have also allowed him to start playing again. But it backs up Manning's contention from earlier this week that his recovery from September neck surgery is on schedule.

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Manning has been throwing for at least two months and told reporters earlier this week that he was throwing with teammates Tuesday. But team doctors must still give Manning the OK, and it's unclear if or when that will happen.

According to the latest odds, the Colts are 40/1 to win the 2013 Super Bowl. It’ll be interesting to see how much their odds drop if/when the team decides not to pick up Manning’s $28 million option for next season. The consensuses is that Indy will draft quarterback Andrew Luck with the No. 1 overall pick in April, but for now it’s a waiting game to see what happens with Manning’s future.

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