Word is breaking via texts on my phone and tweets on my Twitter that Peyton Manning has finally made up his mind where he is going to play.
According to Chris Mortensen of ESPN, Peyton Manning is heading to Denver.
More details are apparently to come, including what the contract will be, but here is the first detail of consequence that has already come in, via ESPN’s Adam Schefter: the Broncos will now try to trade Tim Tebow:
More filed to ESPN: And now that Peyton Manning has directed his agent to get deal done with Denver, Broncos will try to trade Tim Tebow.
More on this story as it unfolds.
Update: ESPN has a post up on its site now, saying that “barring a snag” Manning is heading to Denver. Surely this news wouldn’t be breaking, and Denver wouldn’t have still been in the running, unless the two had a pretty good understanding of contract terms. So I can’t really foresee a “snag” unless the reporting itself is premature.
Update: A more detailed story is now up at ESPN.com on Manning choosing the Broncos, which includes this, plus other details of the signing:
Manning instructed Condon to negotiate the finite details of a contract that would conclude with him joining the Broncos after a frenzied but focused process that began when the Indianapolis Colts released him March 7.
A contract between the two sides is expected to be a formality. Broncos vice president of football operations John 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.