Peyton Manning passes Broncos physical; next 2 years of his contract guaranteed

Broncos owe Manning $40 million for next 2 seasons

DENVER - Broncos quarterback Peyton Manning passed his team physical exam, which guarantees the next two years of his contract. The Broncos now owe Manning $40 million for the next two seasons. 

Manning was named the NFL's Comeback Player of the Year after missing all of the previous season with a neck injury. He underwent 4 surgeries before signing with the Broncos as free agent in March of 2012. He led the team to a 13-3 record, throwing 37 touchdowns with only 11 interceptions. 

Manning made $18 million last season. He will be 37 years old later this month.

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