Michael Holley called into The Big Show on WEEI this afternoon to report that Adam Vinatieri has signed with the Indianapolis Colts.

Michael Felger made some phone calls and said that he has not been able to confirm that report. ESPN and the other national sites do not have this information as of yet. Kevin Winter said he talked to Michael Smith (a buddy of Holley) who knew nothing about it.

They said they called Len Pasquarelli as well, who hadn’t heard anything, but mentioned the 5 day waiting period after changing agents, which Vinatieri did this week, which might prevent any deal from being made official right now.

Update: National reports are coming in that the deal has been agreed to “in principle” and could become official later tonight.