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AP Source: Manning, Broncos Talking About Reworking Contract

Peyton-ManningENGLEWOOD, Colo. (AP) — A person with knowledge of the negotiations confirms the Denver Broncos and Peyton Manning’s representatives are discussing ways to revise his contract and give the team more flexibility in free agency.

The person spoke to The Associated Press on condition of anonymity because of the sensitive nature of the talks.

Manning, who has made more money than any player in pro football history, is due to make another $19 million in both 2015 and ’16, and his salary cap number for next season is $21.2 million.

John Elway has traditionally been one of the more aggressive general managers in the NFL when it comes to free agency.

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