Broncos executive VP John Elway confirmed that the team does intend to pick up Peyton Manning's option for the next two years at $40 million total.
Even with the disappointing loss in the Divisional round of the playoffs, it's a no-brainer for the Broncos. Owner Pat Bowlen called Manning "the real deal," adding, "I don't think he's going anywhere. I got more than I expected." Turning 37 in March, Manning is coming off his sixth first-team All-Pro selection and his first since 2009.