Update: According to the Indianapolis Colts' QB Peyton Manning underwent procedure to relieve pain in his neck caused by a pinched nerve, the Colts announced on Wednesday. The condition "has existed intermittently for the past four years, but at no time did it interfere with his training, practice or playing regimen," the team said in a statement."While it never has affected Peyton’s activity on or off the field, the Colts’ medical staff, after post-playoff examination, thought it best to resolve the situation now." The procedure was performed by Dr. Richard Fessler in Chicago. Manning stayed overnight and went home on Wednesday. Medical personnel believe the issue has been resolved and Manning is expected to participate in the Colts off-season program this spring.

Fantasy Impact: Manning started the first 192 regular-season games of his career. He has only missed one play because of an injury in his 12 NFL seasons, during a 2001 game with Miami, Manning broke his jaw on a helmet-to-jaw hit by Dolphins' DE Lorenzo Bromell.

Update: According to the Associated Press Indianapolis Colts QB Peyton Manning underwent surgery to fix a pinched nerve in his neck. The Colts announced that they don't expect the surgery to interrupt Manning's offseason workouts.

Fantasy Impact: Peyton Manning is one of the most consistent quarterbacks in fantasy football, and this shouldn't affect his status at all. The Colts announced that they considered the surgery minor, and are hoping to extend Manning's contract at some point in the offseason, showing confidence that he will not be affected.

Update: According to the St. Louis Post-Dispatch, the St. Louis Rams said they will not re-sign CB Jonathon Wade once he hits the market as an unrestricted free agent Friday.

Fantasy Impact: A third-round draft pick out of Tennessee in 2007, Wade played in 47 games with six starts over three seasons as a Ram.

Update: According to the Boston Herald, New England Patriots' LB Adalius Thoma has his eyes set on joining Rex Ryan and the New York Jets if released by the Patriots. Jets' LB Bart Scott, who was a guest on ESPN’s “Mike & Mike” morning show yesterday, said he spoke with the Pats linebacker about reuniting on the Jets when they were taking in Super Bowl festivities last month in Miami. “It’s funny,” Scott said. “I was hanging with Adalius Thomas for Super Bowl weekend. We’re buddies from back in the day. He made it public that he’s expressed an interest in joining Rex. I think some of his better years of his career have been a part of the Ravens defense and under Rex Ryan’s tutelage. It’ll be exciting.”

Fantasy Impact: Scott and Thomas were teammates on the Ravens when Ryan was the defensive coordinator.

Update: According to the Jacksonville Times-Union, the Jacksonville Jaguars signed veteran WR Troy Williamson to a one-year contract Tuesday. The deal includes a $100,000 signing bonus and a workout bonus. Williamson’s total compensation amounts to slightly more than half ($800,000) of his salary from 2009. He was set to become a restricted free agent.

Fantasy Impact: The former No. 7 overall pick of the Minnesota Vikings in 2005, Williamson, 26, has appeared in 10 games over the past two seasons and has caught 87 career passes for 1,131 yards and four touchdowns.

Update: According to the Minneapolis Star Tribune, Minnesota Vikings' RB Adrian Peterson told OKBlitz.com that he wants Vikings' QB Brett Favre to play two more seasons and win consecutive Super Bowls. "I hope he comes back for another year or two, gives us another two years," Peterson said. "I think we could win back-to-back Super Bowls. I'd take one. But the talent we have on both sides of the football with Favre — just the talent we have on offense, defense all phases — I feel like we can go as high as we want."

Update: According to the Cleveland Plain Dealer, the Cleveland Browns and WR Joshua Cribbs have agreed on everything, but guaranteed money in his new contract, a league source told The Plain Dealer on Tuesday. If Browns President Mike Holmgren agrees to the latest proposal from Cribbs' agents on the guarantee, the deal will be done. If not, it will be up to Cribbs to decide if he wants to accept the Browns' current offer, or walk away from the deal, the source said. Cribbs has been seeking $10 million guaranteed over the next three seasons and the Browns have been offering $5 million guaranteed. The new proposal is likely somewhere in between. All of the other bonuses and escalators are set. Cribbs' deal would be a restructuring of his remaining three years, which are worth just over $1 million a year and have recently said they plan to expand Cribbs' role on offense.

Fantasy Impact: Over the past three seasons, Cribbs he has more all-purpose yards than any other player in the NFL

Update: The New Orleans Times-Picayune reports the New Orleans Saints have given impending restricted free-agent OG Jahri Evans the first- and third-round tender worth $3.168 million. The Saints would receive a first- and third-round draft pick as compensation if Evans were to sign with another team.

Fantasy Impact: Jahri has played in all 48 regular season games the Saints have played since being drafted in the 4th round of the 2006 draft, quickly becoming one of the leagues top Right Guards.

Update: Updating a previous item, the New Orleans Times-Picayune reports the New Orleans Saints have given impending restricted free-agent SS Roman Harper a first-round tender worth $2.521 million. The Saints would receive a first-round draft pick as compensation if Harper were to sign with another team.

Fantasy Impact: Harper is expected to return to the Saints next season, largely due to his growth under Greg Williams, recording 102 tackles in 2009.

Update: The Chicago Tribune reports the Chicago Bears met with the representatives of Carolina Panthers impending free-agent DL Julius Peppers last weekend, according to sources.

Fantasy Impact: Peppers, who can be a force in any given game will likely be sought be a couple of clubs as he can become an immediate impact.

Update: Greg A. Bedard, of the Milwaukee Journal Sentinel, reports via Twitter Chicago Bears TE Greg Olsen's name has been rumored to be on the trading block.

Fantasy Impact: Rumors have already begun to swirl that Olsen could end up with New England, Arizona and even involved in a exchange with Denver for Brandon Marshall.

Update: John Czarnecki, of FOXSports.com, reports the St. Louis Rams would currently select Oklahoma DL Gerald McCoy with the first overall pick in the NFL Draft.

Fantasy Impact: McCoy is in contention for the #1 draft spot along with fellow DL Ndamukong Suh from Nebraska.