According to ESPN's Adam Schefter and Chris Mortensen, the Peyton Manning saga has ended and he will be the next quarterback of the Denver Broncos.
Manning's agent, Tom Condon, and the Broncos are working towards finalizing a deal rumored to be around five years, $90 million.
Schefter tweeted that Manning called John Elway this morning to tell him he's looking forward to coming to play for him and that other teams have been notified of the decision.
With Manning now on his way to town, it also means that the Broncos will look to trade Tim Tebow.
Manning heading to the Broncos makes the Seahawks getting Matt Flynn look even better. Flynn was the second-most coveted quarterback on the market behind Manning and the Seahawks locked him into a three-year deal before another team whose focus was Manning could turn their attention to Flynn. The Seahawks have a quarterback and can now turn their attention to the other parts of their team that need attention.