Denver Broncos quarterback Peyton Manning will be returning for the 2015 season, which will be the 18th of his storied career in the NFL.
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In addition to coming back for another shot at a Super Bowl, Manning has decided to help his team by taking a $4 million pay cut.
This reduces his 2015 base salary from $19 million to $15 million. Manning had signed a five-year $96 million contract in 2012 and has two years remaining on his Broncos contract.
This will help the Broncos in their hunt for free agents, which will be critical as this may be Manning’s final season in the NFL.
He will be 39 years old when the 2015 season rolls around, and the Broncos are facing a tough decision on whether to re-sign tight end Julius Thomas after giving the franchise tag to wide receiver Demaryius Thomas.
The Broncos also have other important free agents such as defensive tackle Terrance Knighton, safety Rahim Moore and right tackle Orlando Franklin.
Manning figures to make the Broncos Super Bowl favorites again after throwing 39 touchdowns and 15 interceptions in what was considered an “off year” by his standards.