Tags: Manning | Broncos | Colts

Manning and Broncos Ink 5-Year, $96 Million Deal

Tuesday, 20 Mar 2012 01:38 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

The Denver Broncos and Peyton Manning have agreed to a five-year contract that will pay the 11-time Pro Bowl quarterback $96 million, according to a report on the National Football League'swebsite.

The Broncos planned introduce the four-time NFL Most Valuable Player as their new franchise quarterback at a news conference this afternoon.

The Indianapolis Colts cut Manning two weeks ago, and his former team already was applauding the new job for the most prolific passer in their franchise's history.

"I congratulate Peyton as he heads to a tremendous organization in the Denver Broncos," Colts owner Jim Irsay said in a statement. "We wish him nothing but the best as he continues his Hall of Fame career."

There has been widespread speculation about Manning's future plans since he missed the 2011 NFL season and his former team decided to rebuild rather than pay him a $28 million bonus.

Several teams, including the Miami Dolphins, the Washington Redskins, and the Seattle Seahawks, expressed interest in Manning before he narrowed his choices to the Broncos, Tennessee Titans and San Francisco 49ers.

In choosing Denver, Manning would remain in the American Football Conference, the same as the Colts, and join a team that won the AFC West division last season with an 8-8 record.

Indianapolis, who went 2-14 in Manning's absence, own the top pick in next month's draft where highly touted quarterback Andrew Luck is pegged as the top choice.

Signing Manning, who turns 36 this month, also raises the prospect that Denver will trade popular quarterback Tim Tebow, whose unorthodox style led the team to several comeback wins last season and a first-round playoff victory over Pittsburgh despite struggling with his throwing accuracy.

© 2014 Thomson/Reuters. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Cowboy Poet Waddie Mitchell Pens 'Call to All' on Nevada Ranch Standoff

Sunday, 20 Apr 2014 12:52 PM

A week after a tense standoff between gun-toting states' rights advocates and federal Bureau of Land Management police,  . . .

Boxer Rubin 'Hurricane' Carter Dies at 76

Sunday, 20 Apr 2014 11:26 AM

Rubin Hurricane Carter, the boxer whose wrongful murder conviction became an international symbol of racial injustice, . . .

Boston Marathon Defies Terror Attacks One Year On

Sunday, 20 Apr 2014 10:53 AM

The Boston Marathon returns Monday under a major security crackdown after last year's deadly bombings as a near record 3 . . .

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved