ENGLEWOOD, Colo. (AP) — Peyton Manning will take a physical and sign his revised contract at Broncos headquarters Thursday, then head home until the Broncos reconvene April 13 for the start of offseason workouts.
Then, it’s time to adapt to new coach Gary Kubiak’s West Coast offense and continue his pursuit of a second Super Bowl trophy.
Weeks of speculation about the five-time MVP’s future ended Wednesday with word that he’s returning for an 18th season in the NFL and fourth in Denver.
A person with knowledge of the situation told The Associated Press that Manning will take a $4 million pay cut, from $19 million to $15 million, but that he can make it all back through performance incentives. The person spoke on condition of anonymity because there was no official announcement of the deal.
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This article was written by Arnie Stapleton from The Associated Press and was legally licensed through the NewsCred publisher network.