Peyton Manning Contract: Broncos Reportedly Offer 5-Year, $95 Million

They knew they were going to have to pay the piper. It turns out that amount is almost nine figures long. Adam Schefter is reporting that the Denver Broncos and Peyton Manning’s agent, Tom Condon, are working out the details on a deal that’s reportedly worth $95 million or so over the course of five seasons.

Schefter writes, “A contract between the two sides is expected to be a formality. Broncos vice president of football operations John Elway and Manning first discussed the parameters of a five-year, $95 million contract during their March 9 meeting in Denver, the first time the quarterback visited a team during his free agency.”

The teams who missed out on the Manning sweepstakes, like the Titans and 49ers, now have to go back and figure out what to do next. For San Fran, it’s simply a matter of plugging in the same quarterback in Alex Smith from last season who took them all the way to the NFC Championship game. For the Titans, they are also rather comfortable with Matt Hasselbeck and Jake Locker in house.

As for the Broncos, they will sort out the contract details and then likely trade Tim Tebow. It’s clear that while Manning lost out on a monster bonus with the Indianapolis Colts, he’s more than made up for it on the open market.

For more on Manning, Tebow and the Denver quarterback situation, check out the SB Nation storystream here.

Check out the SB Nation Channel on YouTube

Trending Discussions

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SB Nation Kansas City

You must be a member of SB Nation Kansas City to participate.

We have our own Community Guidelines at SB Nation Kansas City. You should read them.

Join SB Nation Kansas City

You must be a member of SB Nation Kansas City to participate.

We have our own Community Guidelines at SB Nation Kansas City. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.