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Peyton Manning In Talks With Broncos To Restructure His Contract?

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  • Peyton Manning In Talks With Broncos To Restructure His Contract?

    http://nfltraderumors.co/peyton-mann...-his-contract/

    "Ross Tucker of NBCSN has spoken to a league source who believes the Broncos could be in talks with Peyton Manning to restructure contract, and in turn free up some extra cap space ahead of free agency.
    Tucker adds that this move would give them an opportunity to retain free agents like WR Demaryius Thomas, TE Julius Thomas and DT Terrance Knighton.
    There has been some speculation that Manning could be asked to agree to a similar type of restructure to what Tom Brady has done in the past few years.
    OverTheCap.com has the Broncos projected to have around $26 million in available cap space this offseason, which is actually a pretty good amount.
    However, the overall expectation is that the Broncos will need to franchise Demaryius Thomas in order to prevent him from reaching the open market. Doing so would reduce their available cap space to around $15.5 million.
    That’s still enough money to make some moves, but it may not be enough for them to keep all three of their top free agents.
    According to Joel Corry, a simple restructure could free up as much as $9.015 million in cap space.
    Mike Klis of the Denver Post reported last night that Manning and GM John Elway met Thursday afternoon to discuss his future.
    According to Klis, Manning left the meeting Thursday evening, and isn’t ready to make an announcement as to whether or not he’ll return for the 2015 season.
    Manning would still need to pass a physical, which happens to be a requirement of his contract.
    Manning, 38, has another two years remaining on his five-year, $96 million contract, which includes base salaries of $19 million for the 2015 and 2016 seasons. If he’s still on the team’s roster as of the final day of the 2014 league year, his base salary becomes fully guaranteed...."

    I guess this helps shed a little more light on the subject.
    What's the difference between ignorance and apathy?
    I don't know and I don't care

  • #2
    Is there a plan afoot at the Circle K?
    "Stultum est timere quod vitare non potes." ~ Publilius Syrus

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    • #3
      Seems reasonable. At this point, who would argue Manning is worth $19M?
      sigpic

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      • #4
        Restructuring his contract makes zero sense, it just pushes the hit down the road, that $9 million that they save this year would be added to the dead money that they would face next year if he retires or is released at that point. Take the hit now, and leave the future in good shape.

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        • #5
          Originally posted by Rancid View Post
          Seems reasonable. At this point, who would argue Manning is worth $19M?
          Probably the 20 or so teams who would want to sign him if he were available this offseason. If Denver released him he'd get $19 million easily.

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          • #6
            Originally posted by Rancid View Post
            Seems reasonable. At this point, who would argue Manning is worth $19M?
            Any and every agent. 20 mil is more the norm for starting qbs, the exception being players recently drafted or reclamation projects. Dalton, cutler, Ryan, stafford, flacco, eli, brees, Big Ben is about to get his 2nd huge contract.

            Are saints fans clamoring to get rid of Drew Brees after his poor season (by his standards)? Are cardinal fans wanting to get rid of Carson Palmer? Manning is good enough to win the Super Bowl, we just need to build the team around him and get better coaches that actually make in game adjustments.

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            • #7
              I'm of the mindset that they should just leave the contract the way it is. If that means one or both Thomases leave, then so be it.

              The real issue is the offensive line. Get that right and the problem is solved.
              My Opinion isn’t determined by what the Popular Opinion is. Sometimes I agree with the Majority, Sometimes I Don’t. If My Opinion is Different than Yours, I have to Ask One Question:
              You Mad Bro?
              Don’t Be A Mean Girl

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              • #8
                Originally posted by broncolee View Post
                I'm of the mindset that they should just leave the contract the way it is. If that means one or both Thomases leave, then so be it.

                The real issue is the offensive line. Get that right and the problem is solved.
                I agree completely especially concerning that TE that can't block.

                The NFL is crawling with WR talent if we lose DT, we will be fine.

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                • #9
                  Originally posted by Butler By'Note View Post
                  Restructuring his contract makes zero sense, it just pushes the hit down the road, that $9 million that they save this year would be added to the dead money that they would face next year if he retires or is released at that point. Take the hit now, and leave the future in good shape.
                  I agree - My take on this delay in announcing Manning's decision to return is due to DT's contract - If the Broncos can sign DT with a cap friendly 1st year (ie $5 million) then Manning gets the OK to return at $21.5 Million - If they have to use the Franchise Tag then I believe we cut bait and roll with Brock

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                  • #10
                    Originally posted by broncolee View Post
                    The real issue is the offensive line. Get that right and the problem is solved.
                    I completely agree.

                    Our O-line was abysmal last season. I really believe this was the main reason we faltered.

                    IMHO, Mark Schlereth's comments about the O-line last season were on point.

                    With Kubiak's offense, a major focal point will be changes to the O-line (tight ends included).

                    I am excited about free agency and the draft to see how the team addresses this issue.
                    sigpic

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                    • #11
                      Originally posted by qbronco View Post
                      I completely agree.

                      Our O-line was abysmal last season. I really believe this was the main reason we faltered.

                      IMHO, Mark Schlereth's comments about the O-line last season were on point.

                      With Kubiak's offense, a major focal point will be changes to the O-line (tight ends included).

                      I am excited about free agency and the draft to see how the team addresses this issue.
                      And his comments about JT were also on point. He said let him walk.
                      Adopted Bronco: DeMarcus Ware

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                      • #12
                        Originally posted by broncoslover115 View Post
                        And his comments about JT were also on point. He said let him walk.
                        I'm torn on JT.

                        By NFL standards, he does seem to play soft. He's also injury prone.

                        On the other hand, he is a matchup problem with his size and athleticism.

                        To me it's kind of a 50/50 thing. If he's re-signed I understand why. If not, there are good reasons.

                        With all that being said I would rather have DT and/or Pot Roast than JT.
                        sigpic

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                        • #13
                          Manning will either be a bronco or retire this year. Lol at suggesting he'd go someplace else.



                          If he wanted to play so badly that he'd be willing to make another move if teams., we'd already know of his desire to play. For sure.

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                          • #14
                            Originally posted by Butler By'Note View Post
                            Restructuring his contract makes zero sense, it just pushes the hit down the road, that $9 million that they save this year would be added to the dead money that they would face next year if he retires or is released at that point. Take the hit now, and leave the future in good shape.
                            This is what gets me every time I hear armchair GMs go on about restructuring contracts - as though doing so has no impact on the future. I have no doubt Peyton would do it if they did indeed ask him to do so, but that doesn't mean it's ultimately going to be of a great benefit. If what I've seen is correct, the Broncos are looking at around 50M in free cap space next year as it currently stands. This year, even if they tag DT (which to be honest, I would likely not do if I were in their place, but I'm not GM, so whatever lol), they've still got some leeway, so it's not critical.

                            Honestly, as much as I like DT & JT, neither one is consistent enough to be considered irreplaceable in my book. JT can't block worth a darn and DT has issues holding onto perfectly thrown balls that hit him in the hands. If they get too pricey, let them walk.

                            Virgil & Pot Roast are more important IMO (and even Pot Roast is on the bubble).

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                            • #15
                              Originally posted by youmind View Post
                              Manning will either be a bronco or retire this year. Lol at suggesting he'd go someplace else.



                              If he wanted to play so badly that he'd be willing to make another move if teams., we'd already know of his desire to play. For sure.
                              What makes you think this?

                              Whether he stays or goes, he has to make sure he is fit to play. That's why he was working with a specialist who evaluated his fitness to return.

                              If the Broncos, for some reason, decided to cut bait, he could easily go to another team. The Broncos have to decide before free agency starts whether to keep him or cut him.
                              My Opinion isn’t determined by what the Popular Opinion is. Sometimes I agree with the Majority, Sometimes I Don’t. If My Opinion is Different than Yours, I have to Ask One Question:
                              You Mad Bro?
                              Don’t Be A Mean Girl

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