Peyton Manning, Broncos restructure contract

11:01 AM, May 17, 2013   |    comments
Peyton Manning appears to back, which is good news for the Broncos./US Presswire
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by Lindsey H. Jones, USA TODAY Sports

The Denver Broncos added an insurance clause to quarterback Peyton Manning's contract as protection in case Manning could not play in 2014.

The Broncos submitted the contract with revised language to the NFL on Thursday.

Manning's salary and salary cap numbers do not change.

When Manning was on the roster at the start of the 2013 league year in March, his $20 million salaries in the upcoming season and 2014 became guaranteed, though 2014 could be voided should Manning injure his neck in 2013.

With the revised contract language, the Broncos have insurance protection in case of any major injury that would prevent Manning from playing.

Manning, who turned 37 in March, had no health issues in 2012, his first year with the Broncos, and passed a physical after last season.

Manning is signed through 2016, though each of the final two years of his contract (each with a $19 million salary) could be voided if the team cuts him before the new league year begins.

Copyright 2013 USATODAY.com

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