Two-time MVP Peyton Manning has been sidelined this preseason, but now the Colts quarterback is ready to return. He will see light action at first, then "be full-go next week and ready for the season opener," he said.

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INDIANAPOLIS — More than a month after having surgery and enduring weeks of speculation about the knee's condition, two-time league MVP Peyton Manning finally provided his doubters with one emphatic answer Tuesday: He's back, right on schedule.

"This is a significant step for me to get back out on the practice field," Manning said before throwing and running with teammates. "If things go well, as we expect they will, then I hope to be full-go next week and ready for the season opener."

Manning will be limited in practice initially after being activated from the physically unable to perform list.

Coach Tony Dungy said the Colts will be cautious with the franchise quarterback during this short week — Indy played Buffalo on Sunday night and faces Cincinnati on Thursday — before giving him a full complement of snaps next week.

EAST RUTHERFORD, N.J. — Seven-time New York Giants Pro Bowler Michael Strahan is staying retired.

"This has been one of the toughest nights of my life," Strahan told FoxSports.com in a story released Tuesday afternoon. "But after long deliberation and throwing around a million scenarios in my head for the past day, I think it's just best if I stay retired."

Giants general manager Jerry Reese asked the 36-year-old Strahan to reconsider his retirement on Monday, 48 hours after the Super Bowl champions lost Pro Bowl defensive end Osi Umenyiora for the season to a knee injury in the preseason game against the Jets.

Strahan needed just about a day to turn down an offer to return for a 16th season with what could have been an $8 million contract.

"I really love my life now," he told FoxSports.com while on vacation in Greece. "It's great having nobody put a finger on me."

On another issue, Strahan won the latest round in his lengthy divorce case on Tuesday when a state appeals court reversed a lower court's awarding of about $18,000 per month in child support to his twin 3-year-old daughters.

Strahan was to have paid $8,948 on the first and 15th of each month. Under Tuesday's ruling, the matter will be reconsidered by the lower court.

The appeals panel found a lower court did not adequately review the claims by Strahan's ex-wife, Jean, about the girls' needs. For instance, a 10-day vacation to Jamaica for the girls' nanny and her family, allegedly as a gift from the children, and diamond jewelry given to their grandmother.

● Wide receiver David Tyree was placed on the physically-unable-to-perform reserve list by the Giants on Tuesday, meaning the player who made a game-saving catch in the Super Bowl will not be making any for at least the first six weeks of the season.

Tyree, whose spectacular one-handed catch against his helmet sparked the Giants' late game-winning drive against the Patriots, has not practiced since training camp opened in July because he is rehabilitating a surgically repaired right knee.

● Bills quarterback Trent Edwards returned to practice Tuesday after missing a week with a bruised right thigh and said he should play in Buffalo's preseason finale against Detroit on Thursday.

● Cleveland wide receiver Joe Jurevicius and Tampa Bay running back Carnell "Cadillac" Williams also were placed on the PUP list.