The signing would put one prized quarterback and one up-and-coming QB Tim Tebow on the same team which would likely mean something would have to give and Tebow would likely go in a trade.
According to ESPN, “Manning called Broncos vice president of football operations John Elway on Monday morning to tell him the news. Manning also called the San Francisco 49ers and Tennessee Titans to inform them of his intent to now play for Denver.
A contract between the two sides is expected to be a formality. Elway and Manning first discussed the parameters of a five-year, $95 million contract during their March 9 meeting in Denver, the first time the quarterback visited a team during his free agency.”
Later this month, Manning will be 36 years old. Tebow is 24.