The Denver Broncos Officially Introduce Peyton Manning
KREX News Room
DENVERThe Denver Broncos officially introduced Peyton Manning as the team's new quarterback on Tuesday afternoon in a press conference.
Numerous reports indicated that it was the relationship forged between Manning and Executive Vice President of Football Operations John Elway that allowed the Broncos to bring the four-time MVP to Denver.
Manning's contract is a $96 million deal that will last five years, with $18 million guaranteed next season.
The 11-time Pro Bowl quarterback must pass a physical within a time frame of ten days before the start of every season for the contract to remain valid.
If Manning should suffer a setback relating to one of his previous four neck surgeries, the Broncos will only be responsible for paying his salary for that particular season. The rest of the contract will become void.
Tim Tebow remains the only other quarterback under contract; however, his future remains undecided.
Manning is the biggest free agent signed in the NFL this off-season.
The Broncos also hope to sign center Jeff Saturday, who played with Manning for many years in Indianapolis.