Peyton Manning’s $20 Million Pay Day, Faces Loss of Receivers

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By Douglas A. McIntyre Updated Published

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Update: Manning may be without some of his most important receivers, which could make it hard to duplicate last year’s record passing season. Eric Decker is a free agent, as is Demaryius Thomas.

Peyton Manning’s badly damaged and carefully repaired neck is OK. That is what his doctors have told him. Manning can play another year with the Denver Broncos. This year is worth another $20 million, according from his contract.

The Denver Post reports:

There is a provision in the five-year, $96 million contract Manning signed with the Broncos in March 2012 that requires his surgically repaired neck to pass medical inspection each year before the team guarantees his salary.

So, with only $20 million of that payable for the upcoming season, the payment may not be the last money he sees from Denver.

Like any very expensive player, there is debate over what his value to a team is — financially. Manning helped take Denver to Super Bowl XLVIII, where his team was thrashed 43 to 8 by the Seattle Seahawks. However, Manning was part of the NFL’s Greatest-Show-On-Earth offense last year, which he engineered with 55 touchdown passes.

While it is impossible to say what value Manning adds to the Broncos, the Denver team ranked no. 13 on the Forbes list of Most Valuable NFL teams, at $1.16 billion. The Dallas Cowboys, at the top of the list, are worth $3.3 billion.

The Manning move was a wise one for Denver, however, according to the Forbes evaluation:

The investment paid off, in the front office and on the field. So many suite holders signed up for renewals after Manning joined the team that the Broncos actually renovated their suites before the 2012 season to generate more revenue from increased demand.

Another healthy season will help buy Manning more than a salary. Forbes reports that last year the quarterback earned $30 million when endorsements and his Broncos pay package were added together.

Another 55 touchdown pass a year performance and healthy medical check up in 2015, and Manny will likely make that $30 million again next year.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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