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Peyton Manning Signs with the Denver Broncos [VIDEO]

Peyton Manning and the Denver Broncos have come to terms and finalized a contract for the future Hall of Fame quarterback. Manning and the Broncos agreed to a 5 year, $96 million deal for the 14-year NFL veteran and former Indianapolis Colt who was introduced a press conference Tuesday afternoon.

Doug Pensinger, Getty Images

The story that will likely take over the sports news cycle will be what happens with Tim Tebow. Tebow came in last season for Kyle Orton after Denver started 1-4 and led the Broncos to a 9-9 record with a overtime victory over the Pittsburgh Steelers in the AFC Wild Card 29-23. Broncos executive John Elway said Tim Tebow was disappointed but very positive when they talked about Denver’s plans to sign Peyton Manning.

Manning said at the press conference, “I know what kind of player Tim Tebow is, what kind of person he is, what an awesome year it was. If Tim Tebow is here, I’m going to be the best teammate. If other opportunities are presented to him, I’m going to wish him the best.”

Will Denver trade Tebow or will they keep him on the team to learn under Manning? Leave us your feedback here on the comments section.

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