Broncos quarterback Peyton Manning is going to announce his retirement from football tomorrow. The team has announced a press conference tomorrow at 11 a.m. Mountain Time where Manning will speak.
Manning’s decision has been anticipated since the Broncos won Super Bowl 50 over the favored Panthers last month, a win that was attributed to a stout Denver defense more than the play of the quarterback. Although he did take every snap for Denver during their playoff run, his regular season was not what fans have come to expect from Manning. During the regular season missed six games with a foot injury and he was ineffective in others. Manning completed just 59.8 percent of his passes and his passer rating of 67.9 was a career low.
Manning’s decision saves the Broncos from a potentially sticky situation. The organization could not afford to carry Manning’s $19 million 2016 salary into the new league year, which starts on Wednesday. Had Manning not retired, the Broncos likely would have been forced to cut the player to led them to two Super Bowl appearances in four seasons and twice was first-team All-Pro.
Now the Broncos must try to re-sign Brock Osweiler, who filled in when Manning was hurt. Denver won five of the seven games that he started. They also are trying to keep their defense intact by retaining DE Malik Jackson and LB Danny Trevathian. Now that they are operating with a greater degree of salary cap certainty in the wake of Manning’s retirement their chances of doing so are improved.
News of Manning's retirement was first reported by Chris Mortensen of ESPN.