Sports | Peyton Manning Manning, Broncos Reach $96M Deal Denver locks up Peyton for 5-year deal, press conference this afternoon By Polly Davis Doig Posted Mar 20, 2012 10:29 AM CDT Copied In this Sept. 26, 2010 file photo, Indianapolis Colts QB Peyton Manning greets Denver Broncos quarterback Tim Tebow. Looks like Tebow will be looking for a new job. (AP Photo/Greg Trott) Peyton Manning has a new mile-high contract: The just-released Colts quarterback, who turns a semi-creaky 36 years old on Saturday, has inked a $96 million deal with the Denver Broncos that will keep him tied up until he's an even creakier 41-year-old, reports ESPN, citing inside sources. The Broncos have scheduled a 3pm ET press conference in which they'll announce the five-year deal, which will put a certain über-religious QB out of work. Read These Next 11 people hurt in a "brutal act of violence" in Michigan. We knew Letterman would pipe up about Colbert eventually. A parent's nightmare, in a white cardboard box. The humans survived this flight; the deer on the ground didn't. Report an error