Broncos president John Elway told reporters that they intend to pick up their two-year, $40 million (total) option on quarterback Peyton Mannings contract, according to ESPN.
This is hardly surprising given how things went for them in 2012, but its still a considerable amount of money to be paying anyone.
I dont think hes going anywhere, team owner Pat Bowlen said. I got more than I expected.
Manning led the Broncos to securing the No. 1 seed in the AFC, ripping off 11 straight wins during the regular season. The signal-caller put together a compelling argument for the MVP award this year, but couldnt get past the Ravens in the divisional round of the postseason.
Source: NFL Trade Rumors
Found January 15, 2013 on
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