The Denver Broncos told Peyton Manning that they can pay $95 million over five years, according to Jay Glazer of Fox Sports.
The Broncos reportedly told Manning during his first visit with the team that they would be willing to pay as much as $95 million. If true, his new deal would potentially top the contract he signed with the Colts last year.
The structure of Manning’s new contract with Denver still remains to be seen. As Manning continues to recover from four neck surgeries, the Broncos are now faced with the dilemma of how to structure a contract that satisfies Manning as well as one that financially protects the team if the former 14-year Colts quarterback endures another season-ending injury. Manning’s agent, Tom Condon, is reportedly finalizing the contract with the Broncos’ front office. As of yet, there have not been any reports on the type of contract guarantees or protections.