Manning In Denver. Tebow Out?

It took about two weeks, but Peyton Manning is officially a member of the Denver Broncos.

After being courted by as many as a dozen teams following his release from the Indianapolis Colts, the only team he has played for during his hall of fame career, the 14 season veteran decided that Denver would be the place he calls home for the latter part of his career.

Manning told his agent to get a deal done with Broncos on Monday and the next day Manning and the team agreed to a 5 year/$96 million deal.

A source told ESPN business analyst Andrew Brandt that Manning will be paid $20 million in both the 2013 and ’14 seasons if he passes a team physical to be given 10 days before the start of the 2013 league year. There is an injury waiver included in the contract; however, covering Manning’s surgically repaired neck. If he reinjures the neck during the 2013 season, the Broncos will not have to pay his 2014 salary.

He is scheduled to make $19 million in both ’15 and ’16.

On Tuesday the Broncos introduced Manning as their new quarterback and ushered in a new era in Denver that comes with high expectations and Super Bowl aspirations for the defending AFC West champs.

Last season the Broncos were able to ride a string of late game comeback victories orchestrated by fan favorite Tim Tebow into the playoffs and were even able to pull off a huge upset win against the Pittsburgh Steelers in last season’s first round of the playoffs.

However with the addition of 4-time NFL MVP Peyton Manning it looks certain that Tebow’s tenure in Denver has run its course.

There is speculation that Denver will now try and trade Tebow. The Jacksonville Jaguars, Green Bay Packers, Miami Dolphins and New York Jets are among the teams that are interested in Tebow according to ESPN NFL Insider Adam Schefter.

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