According to sources, Peyton Manning has informed teams that he will be signing with the Denver Broncos. Chris Mortensen and Adam Schefter said that barring major contract issues, Peyton will be a Denver Bronco. The Broncos had discussed a contract with the parameters of approximately five-years, and $90-95 million.
It appeared that the San Francisco 49ers had become a dark horse in acquiring Peyton Manning with the signings of free-agent wide receivers Randy Moss and Mario Manningham. They will now look to Alex Smith, who recently met with the Miami Dolphins.