The Denver Broncos are in talks with Peyton Manning to restructure his current contract. Manning has made $20 million the past two seasons and is due to make $19 million over the next two.
The Denver Broncos and Peyton Manning are discussing restructuring the quarterback’s contract, reports Mike Klis of The Denver Post.
Manning, 39 next month, is due a $19 million salary in both 2015 and 2016. He made $20 million in each of the past two seasons.
Earlier this month, new Broncos head coach Gary Kubiak said there was “no doubt” the team wants Manning back in 2015. No official announcement has been made, perhaps related to the contract discussions.
The Broncos did not formally interview any quarterback prospects at the NFL scouting combine last week, reports the Post. The Broncos have Brock Osweiler and Zac Dysert at quarterback behind Manning, if he returns.
Manning played the last month of the 2014 season with a quadriceps injury and is four seasons removed from a fourth neck surgery.
“No doubt I want him to be (our quarterback). I feel good about where we are right now. It’s just time,” Kubiak said earlier this month, according to the Post.
There was no doubt in my mind one of the things playing a factor in Peyton Manning returning to Denver in 2015 was the amount of money he is making currently. $19 million is a large chunk of coin for a quarterback who was banged up last year and didn’t look like his usual self down the home stretch of the year. I think the two parties will get a deal done that is much more team friendly.