KNOXVILLE, TN (WRCB) -- Former University of Tennessee quarterback Peyton Manning and his wife Ashley have made a gift commitment of  $500,000 to the Pat Summitt Foundation, according to a news release Monday.

Manning serves as the Advisory Board Honorary Co-Chair with Pilot Corporation and Board Chairman James A. Haslam II.

"I have such great respect and admiration for Coach Summitt as a mentor, coach and friend from my days as a Tennessee Volunteer and throughout my pro career," Manning said.

Haslam said "On behalf of the entire board, we extend our deepest appreciation for the Mannings' investment in the foundation," Haslam said. "Almost every family in America is touched in some way by Alzheimer's disease, and it is our hope to help find a cure as quickly as possible.
Haslam continued, "As we all know, Pat Summitt has been a success at everything she has ever taken on and we truly believe the Mannings' gift and our efforts with Pat's team will make a huge difference on the national platform for Alzheimer's."

Pat Summitt, and her son Tyler expressed their sincere thanks and appreciation.
"My mother and I are humbled and very grateful for this most generous gift from Peyton and Ashley Manning to our Foundation and for their willingness to lend their names and leadership to our fight," Tyler said.  

Pat Summitt also responded, saying, "I'm so proud and honored to have Peyton and Ashley Manning on our team. It's hard to find words that can adequately express how much their gift and involvement means to me personally and to our goal to defeat Alzheimer's disease.