Barring a snag during intensified contract negotiations that have commenced under the instruction of the four-time MVP to his agent, Peyton Manning will become the next quarterback of the Denver Broncos.
According to the rumor mill, once the Manning deal is official, Denver will try to trade Tim Tebow.
Manning called Broncos vice president of football operationson Monday morning to tell him the news and then called the San Francisco 49ers and Tennessee Titans to announce his intent to play for Denver.
Elway and Manning first discussed the parameters of a five-year, $95 million contract during their March 9 meeting in Denver, a contract between Manning and the Broncos is expected to be a formality. Neither side expects any hangups.
Sources are saying that details such as guaranteed money, structure of the deal and contract language designed to protect the Broncos in the event of Manning's inability to perform due to his prior neck surgeries all will be addressed in the contract.
The Broncos have few concerns with Manning's medical condition. He already passed the physical exam that a team of Broncos doctors administered during a visit to Durham.
John Elway now has helped produce Denver's biggest win since he led the Broncos to their last Super Bowl win in January 1999.
According to sources, only an unforeseen significant obstacle would prevent Manning from signing with the Broncos.
ESPN Reports that the Broncos are also looking to sign Colts center Jeff Saturday, who has been Manning’s center for 12 years. The Broncos are also expected to trade Tim Tebow now that Manning is on the roster.