According to an ESPN report late Monday morning, Peyton Manning is working on finalizing terms of a contract to join the Broncos.
Adam Schefter and Chris Mortensen jointly reported that Manning directed his agent, Tom Condon, to negotiate with Denver. Unless there is an unexpected snag, Manning is expected to become a Bronco. The sides are said to have already discussed the parameters of a five-year, $95 million deal during a meeting March 9 in Denver.
The report also indicates that the Broncos will attempt to trade Tim Tebow.