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 New Fox star, 23, misses first day after car troubles. White House rolls with Trump's 'daddy' nickname. Man accused of killing his daughters might be dead. Supreme Court ruling is a big blow to Planned Parenthood. Report an error