Cookie consent

We use cookies to improve your experience on this website. By continuing to browse our site you agree to our use of cookies. Tell me more | Cookie preferences

Broncos: Peyton Manning talking with team about contract

Peyton Manning spent 14 seasons with the Indianapolis Colts but was released this month before a large bonus was due.

Story highlights

  • Broncos players say Peyton Manning would boost their Super Bowl chances
  • The quarterback and Denver are discussing a contract, a Broncos source says
  • The former Colt was named the NFL's Most Valuable Player a record four times
  • John Elway of the Denver Broncos visited Manning in North Carolina on Friday

The Denver Broncos are in ongoing contract talks with free agent quarterback Peyton Manning, a member of the Broncos organization told CNN on Monday.

Manning was released earlier this year by the Indianapolis Colts, the only team for which he'd played in his 14-year pro career. In the subsequent weeks, the Super Bowl XLI victor -- who has been named the National Football League's Most Valuable Player a record four times -- has been hotly sought after by several teams.

He did not play during the 2011 season after having surgery to repair a neck injury, and he ended his career with the Colts this month in an emotional news conference.

All indications Monday were that the Broncos were the only ones negotiating with the star quarterback, deflating several other teams in the process. The Miami Dolphins, Washington Redskins, San Francisco 49ers, Tennessee Titans and Arizona Cardinals were said to be among the others interested in signing Manning.

SI's Peter King: Bad news for other teams

While the signing hasn't been made final, several Denver Broncos players expressed excitement Monday that Manning had picked their team to join.

      Just Watched

      Dan Marino: Manning a nice fit anywhere

    Dan Marino: Manning a nice fit anywhere 01:11
    PLAY VIDEO

      Just Watched

      Granderson: Manning's exit money related

    Granderson: Manning's exit money related 03:31
    PLAY VIDEO

    Running back Lance Ball wrote "Wow!" on his Twitter feed, while offensive lineman Ryan Clady tweeted, "Yes!!!!!!!!!!!!!!!!!"

    "It makes you think big," linebacker Robert Ayers told reporters. "If you look at [it] historically, the teams that won the Super Bowl are teams with a guy like Ben Roethlisberger and Drew Brees and Eli (Manning) and Aaron Rodgers and all those guys. So it definitely makes you confident."

    Linebacker Joe Mays, who officially signed again with the Broncos on Monday, told CNN affiliate KMGH, "We're definitely going to go for that Super Bowl ring, and we're going to do whatever it takes. We've got the man at quarterback to play for us."

    Titans owner K.S. "Bud" Adams said in a statement that he spoke with Manning on Monday morning.

    "I want to thank the whole organization for their efforts in trying to sign Peyton and also to Peyton for the time he put into the process," he said. "Peyton called me this morning to inform me of his decision and obviously I am disappointed, because I thought we would be a perfect fit."

    Manning told Adams that he will sign with the Broncos, KHOU-TV of Houston, Texas, reported.

    ESPN, citing multiple unnamed sources, said Manning would become the Broncos quarterback unless some unexpected problem surfaced during contract negotiations.

    The Denver Post, citing an unnamed NFL source, said Manning called former Broncos quarterback John Elway, who is now the team's executive vice president for football operations, to say he wants to play for the Broncos and wants to negotiate exclusively with the team.

    SI's Don Banks: Manning seeks to follow Elway arc

    Manning's agent, Tom Condon, declined to comment.

    The arrival in Denver of a superstar of Manning's stature would raise questions about the fate of Tim Tebow, who became the Broncos starting quarterback last year amid electric fanfare and led the team into the playoffs. Tebow won the Heisman Trophy in 2007, when he played for the University of Florida Gators.

    SI's Chris Burke: Manning Watch over; Tebow Watch begins

    On Friday, Elway traveled to North Carolina to watch Manning practice.

    "Watching him throw today was the next step in this important process for our team and Peyton. It was a productive visit and went well," Elway said on Twitter. "We enjoyed visiting with Peyton today in N.C. He threw the ball great and looked very comfortable out there."

        Sports spotlight

      • AG2R pair Peraud and Romain Bardet (right) thrilled the French fans with their performances on the 2014 Tour de France.

        Whisper it quietly, but after years of foreign domination the prospect of a French winner of the Tour de France is more than just a mere pipe dream.
      • Steve Way leads the in the Commonwealth Games marathon with the favorites massing behind him.

        Seven years ago Steve Way was a 20 per day smoker and weighed a hefty 104 kg, but he led the marathon at the 2014 Commonwealth Games.
      • After just one day of competition, a new sport has emerged at the Commonwealth Games in Glasgow: snapping selfies with the Queen.
      • Joanna Rowsell is flanked by Australian duo Annette Edmonson and Amy Cure (right) after the medal presentation for the women's individual pursuit.

        Inspirational cyclist Joanna Rowsell added another gold to her growing collection in the individual pursuit at the Commonwealth Games.
      • GLASGOW, SCOTLAND - JULY 23: John Barrowman performs during the Opening Ceremony for the Glasgow 2014 Commonwealth Games at Celtic Park on July 23, 2014 in Glasgow, Scotland. (Photo by Ian Walton/Getty Images)

        At the opening ceremony of the Commonwealth Games in Glasgow, an actor upstaged the Queen by kissing a male dancer.
      • Daniel Carter of the All Blacks in action during the Third Test Match between the New Zealand All Blacks and France at Yarrow Stadium on June 22, 2013 in New Plymouth, New Zealand. (Photo by Anthony Au-Yeung/Getty Images

        The All Blacks and their fans are focused on one thing, says Dan Carter: becoming the first rugby nation to win back-to-back World Cups.
      • FOR USE ON CNN PHOTO BLOG ONLY

        Photographer Danny Lyon spent three days with Muhammad Ali in 1972 and shares his best photos and memories of the champ.
      • SOCHI, RUSSIA - FEBRUARY 23:  Sidney Crosby #87 of Canada celebrates after scoring his team's second goal in the second period during the Men's Ice Hockey Gold Medal match against Sweden on Day 16 of the 2014 Sochi Winter Olympics at Bolshoy Ice Dome on February 23, 2014 in Sochi, Russia.  (Photo by Martin Rose/Getty Images)

        With a growing audience boosted by the drama of ice hockey on show in Sochi at the Winter Olympics, can the sport capitalize on its popularity?
      • The first cover star of Sports Illustrated's swimsuit issue, Babette March

        Her paintings may sell for thousands of dollars, but she is best known for a modeling shot 50 years ago that helped launch a business empire.