KUSA - After all he has done for the sport of football, the NFL and the Denver Broncos, Peyton Manning deserves all the time he needs to make a decision on whether to retire or keep playing.
Tick … tick … Had enough time, Peyton? … Tick … tick … the business of Brock Osweiler awaits.
Out of respect to Manning, the Broncos have not engaged in contract negotiations with Osweiler, who played well while posting a 5-2 record as a starting quarterback in 2015 but otherwise spent the past 3 ½ seasons serving as Manning’s backup.
Meanwhile, the Broncos have begun negotiating in earnest with Malik Jackson, although at this point not enough progress has been made to prevent the defensive end from testing the free-agent market that begins with the tampering period March 7 and opens for good on March 9.
The Broncos have not yet talked contract extension with Super Bowl 50 MVP Von Miller, an indication they will slap him with either the non-exclusive franchise tag of roughly $14 million for the 2016 season or exclusive franchise tag of roughly the same amount by March 1, with plans of signing him to a multiyear extension by July 15.
The non-exclusive franchise tag allows other teams to submit a multi-year contract offer to Miller, although the Broncos would have the right either to match it or accept two, first-round draft picks in return. The exclusive tag prevents other teams from making an offer to Miller.
Miller ultimately is expected to get a multi-year deal somewhere between Justin Houston’s $16.83 million annual average to a little more than Ndamukong Suh’s annual average of $19.06 million.
The Broncos will talk contract extension with Osweiler, who can become a free agent on March 9. They do want to sign him to a multiyear contract extension. There are plans to have him be their starting quarterback in 2016.
Manning may not be as big a factor in Osweiler negotiations as people think, but he’s not insignificant. Manning needs to notify the Broncos of his future plans no later than March 8 because on March 9 his $19 million salary for the 2016 season – the final year of his five-year contract with the Broncos -- becomes fully guaranteed.
Considering the deadlines involving Manning and Osweiler bump into each other, the sooner Manning makes up his mind, the sooner the Broncos can get down to business with Osweiler.
It’s possible preliminary talks between the Broncos and Osweiler could occur during the NFL scouting combines that begins next Tuesday, Feb. 23.
(Copyright 2016 KUSA)