Peyton Manning Broncos working on contrac

We are finally gaining a semblance of clarity on 's 2015 contract status with the . After weeks of regarding a potential pay cut, the two sides have begun discu sions to rework Manning's contract, NFL Media Insider Ian Rapoport reports, via sources informed of the situation. first reported the po Chase Bradley Jersey sible movement on Manning's contract. It's unclear if the talks involve a reduction or a restructure, Rapoport adds. Manning is currently due $19 million in each of the next two seasons. Because Manning's salary counts $21.5 million against the cap, the team has been seeking a lower number with free agency decisions on the horizon. The two sides hope to have a resolution by early next week, according to Klis. Under Manning's current contract, his salary would become fully guaranteed on March 9, the day before the start of the new league year. Once Manning's new deal is finalized, he will have to pa s a team physical by Thursday, March 5 before the team i sues a formal announcement. Manning has stated that he anticipates no problems with the physical despite his late-season thigh injury. Whereas a week ago, anything seemed po sible in the relationship between Manning and the , this news is the first indication that the quarterback is willing to compromise. At this point, it would be a shock if he's not under center for Denver in Week 1. The latest Podcast and discu ses the latest in league news. Find more content on . Adam Foote Jersey