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Peyton Manning YOU'RE CUT (First Thing in the Morning)

3/6/2012 4:30 PM PST BY TMZ STAFF
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In the immortal words of Kenny Powers ... sorry, Peyton Manning ... you're f**kin out.

The Indianapolis Colts will reportedly cut the 35-year-old QB tomorrow during a news conference in Indianapolis.

Not really a shocking move ... considering Manning has all sorts of neck problems and was due to make a TON of money. Plus, the Colts have the #1 pick in the draft ... and are in LOOOOOVE with Andrew Luck.

Good luck filling those shoes, kid.
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