Peyton Manning will likely not be watching from the sidelines next season.
Peyton Manning could team up with Reggie Wayne in another location. REUTERS

NFL teams would consider adding Reggie Wayne if it meant a better chance at Peyton Manning, according to Sports Illustrated.

SI's Peter King reported on Tuesday that at least two potential teams would consider adding the duo as a package deal should the Colts decide to cut the two-time MVP.

The Colts have until March 8th to decide whether they want to pay Manning a $28 million roster bonus or release the long-time face of the franchise. The common belief is that the Colts will release Manning, who missed the entire 2011-12 season due to neck surgeries, in order to draft Stanford quarterback Andrew Luck with the No. 1 pick in April's NFL Draft.

Manning has expressed extreme interest in staying in Indianapolis, but the addition of his long-time wide receiver could make his next destination a softer landing. King writes that Manning would love to see it happen and that he loves familiarity, particularly in how his receivers anticipate throws and the precision of their route-running, which Wayne would provide.

It's unclear whether Manning is healthy enough to truly compete next season for a team, but if he gets a clean bill of health he'll likely have a long list of suitors. Keeping in line with the majority of other reports, King reported that the main suitors for Manning are: Miami; New York Jets; Seattle; Washington; Arizona; and Kansas City.

The Dolphins and Redskins have long been considered the most likely options to land Manning, but the Jets have shown willingness to making a big move and the management team has avoided dismissing the idea of adding Manning in past interviews. The addition of Manning would seemingly end the Mark Sanchez era in New York, but that could be a welcomed move amongst Jets players.

The Redskins have a huge need for Manning and Wayne, as noted by King, but their overall interest could depend on what they intend to do with the sixth pick in the NFL Draft. The Redskins could have to make a decision on Manning before the draft, but the Redskins are believed to be very interested in trading up to the No. 2 pick to try to select Baylor quarterback Robert Griffin III.