The Colts just formally announced they are releasing Peyton . . . let the bidding begin!
If I was Peyton, my preference would be (1) 49ers (if they want him and he's healthy pencil them into the NFC Championship game), (2) Texans (ditto the AFC Championship Game, plus play in the same division he is used to and play in a dome), (3) Cardinals (solid defense, good running game, one of the best receivers in the game in Fitzgerald, play in a dome and in a perinneally weak division), (4) Miami (warm climate, up and coming team), (5) Jets (if they get their offensive line in order, and add a running back they could be right back in the AFC Championship game with Peyton), (6) Chiefs (good defense, Romeo Crenell, weakest division in football), (7) Seattle (best of the also rans), (8) Red Skins (last place I would go).
Other possible destinations:
Ravens (if they really have doubts about Joe Flacco)
Tampa Bay (they have tons of cap room)
Falcons (if they are sick of Matt Ryan's playoff losses)
Vikings
Jaguars
Bills
Teams definitely not in the mix:
Colts (drafting Andrew Luck)
Giants (his brother Eli)
Patriots (Tom Brady)
Packers (Aaron Rogers)
Saints (Drew Breeze)
Steelers (Ben Roethlisberger)
Chargers (Philip Rivers)
Eagles (Michael Vick)
Titans (Cam Newton)
Lions (Matthew Stafford)
Bears (Jay Cutler)
Cowboys (Tony Romo)
Rams (Sam Bradford)
Bengals (Andy Dalton)
Raiders (Carson Palmer)
Broncos (Tim Tebow mania - foolish, they really should be in the mix)
Browns (trading up for RGIII)