You don't get it. All those other things you mention could be done by any amateur quarterback. They require no special skills. What makes Peyton Manning unique and consequently expensive isn't his ability to show up, watch film, practice, work out, etc. Rather, it's what he does in those 5 minutes per game that separates him from thousands of journeyman quarterbacks and determines his $14M salary. So yes, he is making $8.85M per hour. All the other stuff he does could be done equally well by countless others.