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Published on 03/20/2012 at Tue Mar 20 09:17.
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It’s official now, quarterback Peyton Manning has agreed to terms with the Denver Broncos on a five-year, $96 million deal, according to ESPN‘s Adam Schefter.  The contract will keep Manning in Denver through the 2017 season, if he chooses to play that long.

Per ESPN‘s Andrew Brandt, Manning will make $18 million this season and the team has an injury waiver in the contract in case Manning does not pass his physical next season.  Manning will make $40 million more from 2013-2014 and $19 million in 2015 and again in 2016.

The Broncos will hold a press conference to announce the signing of Manning at 3 p.m. (ET) this afternoon which will be streamed live on DenverBroncos.com (we will post a link when it becomes available).  The team sent out an email an hour ago “tentatively scheduling” the press conference for 3 p.m. (ET), so the time is subject to change.

With Manning now in Denver, Schefter says the three teams he expects to pursue Tim Tebow will be the Jacksonville Jaguars, Green Bay Packers and San Francisco 49ers.  The Broncos are expected to soon place Tebow on the trading block.

In other Broncos news, the team re-signed offensive guard Manny Ramirez on Tuesday.

  • Anonymous

    That’s a lot of scratch! lol
    We need to get a superbowl victory, or at least in the superbowl within 3 years, or I’m calling it right now,…. Elway will be fired.

    Man, I hope we win 2 in the next 3 years. I’m giving Manning this year to adjust to the new team and install his offense. 2012 is the year he gets his feet wet, 2013 is the year of the superbowl run.

    I’m expecting us to win the division, but anything more than a playoff berth will be a pleasant surprise to me for this year. Next year, I expect to be drunk downtown during a parade!!!

  • Anonymous

    That’s a lot of scratch! lol
    We need to get a superbowl victory, or at least in the superbowl within 3 years, or I’m calling it right now,…. Elway will be fired.

    Man, I hope we win 2 in the next 3 years. I’m giving Manning this year to adjust to the new team and install his offense. 2012 is the year he gets his feet wet, 2013 is the year of the superbowl run.

    I’m expecting us to win the division, but anything more than a playoff berth will be a pleasant surprise to me for this year. Next year, I expect to be drunk downtown during a parade!!!

  • Anonymous

    The final piece of the puzzle! 

    Look for Manny to have a huge impact…

  • Anonymous

    I should also say that I hope if we load up on free agents, we load up with Colt free agents to keep the “Redskins of 2004″ and “Eagles of 2011″ syndrome down to a minimum. I’m sure a lot of free agents want to play with Manning, but we need chemistry and cohesiveness on our team in order to keep from falling into that “we’re the team to beat” trap. Bringing in people like Saturday, Clark, Stokley, etc can keep that chemistry in tact.  The Redskins proved it in the mid 2000′s and the Eagles reaffirmed it last year: you can not buy a superbowl trophy. Hell, neither of those teams made the playoffs I don’t think. It’s the teams that build through the draft and pick up good free agents to supplement the team that are the ones who make the playoffs and win the superbowls.

  • Cdub12344321

    Wow that’s alot of money!!!!! I pray this doesn’t bite us on our backside……

  • Anonymous

    Huge impact no doubt. I don’t think we’ll get any farther this year than we did with Tebow, BUT, next year, after a year of chemistry, and after (then) 2 more drafts, it’ll be time for the superbowl run, and with that superbowl run, will come multiple superbowl runs like we had from 96-98 because the team will be mostly built through the draft, and sprinkled with free agents, 1 of course, being probably the best QB to ever lace it up in the NFL.

    How about a Peyton/Eli Manning Superbowl in 2013, 2014, 2015, and 2016. We’re gonna need a bigger trophy case in the stadium!!!

  • Anonymous

    I’m way deep in the tank for Peyton, but I was actually actually joking that Manny Ramirez was the final piece.

  • Anonymous

     haha, I didn’t even notice you said Manny, I thought you said MannING. lol. The eye reads what it wants to read sometimes. haha.

  • David

    The contract is massive, but what we need to know is what is the guaranteed money? that is what impacts the cap space.

  • Anonymous

    The guaranteed money is what can never go away in respect to the cap space, not the only thing that impacts it. I’m sure the guaranteed portion will come out later today or tomorrow. I’m willing to bet that there is a good $50-60 Million of guaranteed money in there, all of which will probably be paid within the first 3 years of the contract. That way, if he retires after 3 or so years, he won’t be “dead cap space” on our team.

  • Disappointed24

    Peyton Manning may be Elway’s messiah but this fan of more
    than 50 years is changing her blue and orange for whatever color Tim Tebow will
    be wearing.  The surge in fans since
    Tebow joined was no accident.  That young
    man has a worldwide following and we will follow him anywhere.  I loathe the Raiders but if Tebow goes west -
    I’ll be wearing black and silver.  I
    truly regret no longer being a Bronco fan. 
    Such a shame, guess Elway forget he was a rookie once and someone gave
    him a chance.  Go “crush” some oranges
    Elway!

  • Anonymous

    Timmy is not a good QB.  He is an Average QB.  If you had the opportunity to sign a future HOL QB, wouldn’t you?  Even though I do not share his religious views, he seems to be a good person.  You can’t deny his winning attitude.  But if he can’t read defenses, let alone throw a semi-accurate pass within 40 yards, he shouldn’t be playing QB.

    If ONE person dictates how you are a fan of a team, then you were never really a fan of a team in the first place.

  • Anonymous

    Timmy is not a good QB.  He is an Average QB.  If you had the opportunity to sign a future HOL QB, wouldn’t you?  Even though I do not share his religious views, he seems to be a good person.  You can’t deny his winning attitude.  But if he can’t read defenses, let alone throw a semi-accurate pass within 40 yards, he shouldn’t be playing QB.

    If ONE person dictates how you are a fan of a team, then you were never really a fan of a team in the first place.

  • Big_petelicksmytaint

    Who will be firing Elway? The same owner who said ” I will do whatever it takes to sign Peyton”. Elway is not going anywhere. Keep drinking the Tebow-aid 

  • Big_petelicksmytaint

    Who will be firing Elway? The same owner who said ” I will do whatever it takes to sign Peyton”. Elway is not going anywhere. Keep drinking the Tebow-aid 

  • Timothytebow

    Don’t follow me to my new team, I have enough fair-weather fans as it is. God bless, – Timmy Tebow

  • Anonymous

    Ugh.
    See, like you, I’m a lifelong Broncos fan. I grew up in Anaheim California (I’m 35), but loved the Broncos and loved Elway. I got picked on in school because I was a Broncos fan instead of a Rams or Raiders fan. I finally moved to Colorado when I was 10… Talk about Heaven!!! I then joined the military and took my fandom overseas where I was stationed. I then decided to go to school, so when I was finished with my then current enlistment, I went to school (graduate in the fall). I’ve been married and divorced. I’ve gotten remarried and have kids. I’ve lived in many countries and even more cities, yet 1 thing has always remained as a constant in my life…. The Denver Broncos! Through good times and bad, the Broncos will always be there, offering hope and excitement to pick you up. Through rich times and poor times, the Broncos will always be there to offer lively discussion to ease your mind of your troubles. Through anything that goes on in your life, you can always find solace in your team, whether it be a discussion board like this one, or by watching TV, reading newspapers, watching games, or talking with friends and other fans. My point is that everything in your life comes and goes, but being a fan is forever!

    I will never abandon my team. I don’t care what they do, I will always be a fan. I’m not gonna knock you because of your stance, but I have to question how a fan can just up and abandon his team over 1 player. Like you, I’ll follow Tebow, and hope he turns into the QB I’m positive he will; HOWEVER, I will never ditch my beloved Broncos. I will always find a reason to get excited for my team. I might not like all the moves they make, but because I truly love my team, I will never leave them, and will always try to understand and see eye to eye with them on why they are doing things. I would love to keep Tebow on our team, but I know that won’t happen, so I’ll settle for hoping he turns into a HOF QB, while watching from afar, but I will never leave the Broncos, and I will root for us to beat Tebow with every fiber in my body each and ever time we play him.

  • Anonymous

    How original.

  • pey-pey

    the biggest herc!

    Pey-Pey means 2-3 superbowls and at least one win all by himself! whooooohoooooo!! 

    Now, just go get Saturday & Clark to give Pey his people and maybe Adai too!~

    Buckle up and get ready for the all Manning bowl !! 

  • Arthomasvt15

    Funny how everyone is already preparing their excuses for next season saying that Peyton Manning the 4 time MVP and SB champion needs a year to adjust and get used to the offense.

    Yet….. the rookie QB who couldnt throw for shit didnt need a year to adjust. Hasnt even been given a full season yet, even though he went 8-5 in his partial season and won a playoff game. 

    Everyone on this forum is joking and talking about how bad Tebow is, but you all know deep inside you’re scared of this move. You dont know what you have in Manning, and it’s hard to fathom Tebow giving up or not getting better. This decision has potential to haunt Denver for decades. 

  • NMBronc

    Well….bye.

  • Anonymous

    Holy christ.  Good riddance, you complete and utter dipsh*t. 

  • Anonymous

    Uh…

  • NMBronc

    And folks, that is where belittling someone else on this forum IS appropriate!

  • Anonymous

    Not sure there is a solid argument to be had against your post. I’m gonna get more and more excited for Manning, while giving him a year to heal up and get comfy before I expect a superbowl run. I also have been very vocal that we should have done the same for Tebow. Unfortunately, I don’t run the front office. All I can do is try to support my team the best I can, because they ultimately will give me more joy than sorrow. Because of that, I’m gonna cheer every bit as loud as I always have, and like I thought we should do with Tebow, I will stay true to my convictions and give Manning the same respect we should have given Tebow, and that is “give him a full offseason, full training camp, full preseason, and full regular season as being ‘the man’ before we make judgements.”

  • Anonymous

     Like me, you read Manning, not Manny. lol.

    Also, I think Knowshon would probably be great in a Manning run offense. He’s an exceptional catcher (like Addai), but he’s already on our team, and he’s younger. Sure, Knowshon is always hurt, but so is Addai. At least Knowshon hurts his legs not his brain. Because of that, Knowshon will be able to play as long as he physically holds up, meanwhile, Addai might not be allowed to play even though he’s physically able.

  • colorancher

     Your right.. Knowshon likes to run away from people and catch passes , where McGahee  likes to pound the ball up the gut.. I think he will shine in this offense. I don’t think he gets hurt as much if he doesn’t take a pounding..

  • Anonymous

    Have you ever read a single post of mine? I have never said anything in line with the blind and nonsensical “Tebow lovers”… ever. Yes, I say and said I like him and think he’s gonna be great, but I’ve never said he’s the be all and end all of everything. I’ve always prefaced my desires to see him as our QB with an “arm’s length approach” of “we will find out”… man, even jdkchem who has had many back and forths with me this last week would back me up that never once did I blindly say that Tebow is the be all and end all. Never once did I say we shouldn’t do something because Tebow is a future HOF QB. I’ve maintained that I know why Elway is doing this and understand why, but I personally have my doubts about how much left Manning has, or his motivation, etc… The closest I’ve ever come to saying no to manning simply because of Tebow is when I said that I think Manning is a short term fix and Tebow is potentially a long term answer. Even in that, I recognize that Tebow is only potentially the answer, not THE answer.

    Nice nickname though. I’m kinda honored that someone made a nickname bashing me. That means that I must really make good points, so much so that it is actually affecting someone enough to take the time (if only a few minutes) to make a new account. =)

  • Anonymous

    Oh God…. Here we go again.  I am beginning to think that people that make comments like this don’t know crap about football.  The idea in the NFL is to win not is it not? Who cares if Tebow brought a lot of followers.  Does that help him win games or learn how to pass the ball?

  • Anonymous

    “If ONE person dictates how you are a fan of a team, then you were never really a fan of a team in the first place.”

    Agreed and well said.

  • Matt S

    Shameful….how can a fan of 50 years willfully trade in the orange and blue over the prospective loss of an unproven player? I love Tebow the man and would be proud to have my son emulate his character. I too was enthralled with the magical ride that he took us all on at the end of last season but at the end of the day, the Broncos had the chance to bring in one of the greatest signal callers of all time. Tim Tebow has all of the intangibles and may very well make improvements in his delivery, but it’s hard to see him ever becoming a proficient passer. In today’s game throwing the ball and putting up points is at a premium. Ideally, I’d love to see Denver keep Tebow and let him develop behind Manning, but ultimately, the publicity circus and Tebow zealots make it an untenable scenario.

  • Matt S

    I like TT but let’s be honest,he won with a relatively soft schedule. In 2012 the Broncos play a first place schedule with 10 probowl qbs. I can’t imagine they would have one more than 5-6 games with Tebow at the helm. Sure there is fear with regards to Manning’s health but if he is healthy, the Broncos are legitimate competitors. At the end of the day he gives us more than Tebowmania…one word:hope.

  • Anonymous

     I think that most of the people who are saying the things that Disappointed24 are saying are doing it out of frustration and not because they are actually gonna ditch the team. I may very well be wrong, but that’s what I’m hoping.

    On 1 hand, it’s a good thing to have fans so fanatic that moves like this would piss them off to this extent, but on the other hand, it’s sad, because if you’re a true fan, leaving the team should never cross your mind….not even for a nanosecond.

    I fully expect all the “I’m following Tebow from the Gators to the Broncos” fans to go, and rightfully so. They were never true Broncos fans to begin with. But man, if we start losing actual Broncos fans over this, I really have to start questioning how good of a fan base we have around here.

    Players come and go, but your team…. Man, that team is the 1 constant in your entire life. From birth to death, the Broncos will be the Broncos. You can’t say that about any players or any person/thing in your life….  But you can say that about the team you root for. I feel sorrow and pity for anybody who hasn’t had the opportunity to feel that type of fandom in their lives. Tebow is a player and a hell of a great guy, but the Broncos… They’ll always be there for you, long after Tebow retires. Give up on them now, and where does that leave you in 15 years when Tebow or any other player is long since retired? I know where I’ll be, and that’s in the same seats I’m always sitting in, rooting and cheering for my beloved Broncos through think and thin! Where will you be?

  • Anonymous

    Tombstone reference? I like!!!

  • areferee
  • http://Facebook.com/BroncosZone Jon

    Sounds like the Broncos are really only giving Manning $18 million, if he doesn’t pass his physical next season, then they would get out of the rest.

    Not 100% sure on that, but I’ll look into it and post about it later this evening.

  • Anonymous

    If this is true, then I will attempt to do a backflip with excitement!!!
    If it’s true, then, to JDKChem, I will say I was wrong in regards to everything I posted that suggested that Manning is being greedy. If this is true, this is about as classy of a move as there is in any facet of business and in life. This truly shows that Manning is in this for the love of the game, and that he was serious when he said it wasn’t about the money, and that he would sign an incentive contract. If true, Manning is showing that he wants what is best for himself and for the Broncos. If he gets hurt this year, or isn’t the same player this year, we will not be financially crippled for years to come. Manning, you are a class act! I can only hope that others learn from you how to do things the right way!