This is according to ESPN’s Chris Mortensen.
Mortensen who is represented by same agency as Peyton Manning has been leaking all the information for months from the Manning camp, so it makes sense he would be the one who would break the story.
As I stated on Twitter I believe the 49ers jumped in late, but were only being used to drive up the price for Manning’s services.
The Broncos will immediately attempt to trade to Tim Tebow and his nickname will officially revert back to “Backup Jesus”.