After much debate and anticipation, the four-time NFL MVP quarterback that everyone has been talking about over the past couple of months has decided which team to continue his Hall of Fame career with. And the winner is the Denver Broncos. Despite the efforts of multiple teams around the league, Peyton Manning has decided to sign with the Broncos.
Reportedly, Peyton Manning and the Denver Broncos have agreed to sign a five-year deal worth $96 million. This new deal with the Broncos will pay Manning $18 million next season and $20 in both of the next two seasons. It would be safe to say that these three seasons will be the last of Manning’s prime and career in the NFL.
There was also an injury waiver signed by Manning due to his recovery from multiple neck surgeries. If Manning is injured in 2013, the Broncos will not have to pay his 2014 salary. Smart move by Denver in order to insure that they won’t be stuck with Manning’s contract if he re-injures his surgically repaired neck.
After 2014, Peyton Manning is set to make $19 million in the final two years of his new contract. Manning must pass a physical before each season in order to keep this contract valid with the Denver Broncos.
Now that the Denver Broncos have the franchise quarterback they have been looking for, the fate of up-and-comer Tim Tebow hangs in the balance. The Broncos intend to trade the third-year quarterback with his value being higher than ever and plenty of interested teams around the league.
Apparently, the Green Bay Packers, New York Jets, Miami Dolphins and the Jacksonville Jaguars have expressed interest. The Dolphins and the Jaguars could be the favorites to land the former Heisman trophy winner with the appeal of packed stadiums with Tebow under center.
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