DENVER – The Denver Broncos and free agent quarterback Peyton Manning reached agreement on a five-year, $96 million contract Tuesday, ESPN reports.
Manning arrived at Centennial Airport, just south of Denver, Tuesday morning and was driven the short distance to Broncos team facilities in Dove Valley.
A press conference to introduce the former Indianapolis Colt and 11-time Pro Bowler was scheduled for 1 p.m. local time. (WATCH LIVE HERE)
According Mike Klis (@MikeKlis) of the Denver Post, Manning will wear No. 18 after Broncos Ring of Famer Frank Tripucka gave his blessing.
With the Manning deal done, many Broncos fans are left wondering about the future of quarterback Tim Tebow, who led them to their first playoff victory in six years last season.
Numerous sources say the Broncos are attempting to trade Tebow, but no clear suitors had emerged as of Tuesday.
NFL Network’s Michael Lombardi reports as many as five teams have expressed interest.
“Tebow is a unique prospect who requires a strong commitment because of his style of play. Most teams have settled their quarterback situations for 2012. It's hard to imagine any team handing the keys of the franchise over to Tebow,” writes Gregg Rosenthal on NFL.com.
Possible fits, according to NFL.com, include the Buffalo Bills, Jacksonville Jaguars, Cleveland Browns, Miami Dolphins and New England Patriots.
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