ESPN is reporting that Pro Bowl quarterback Peyton Manning has chosen the Denver Broncos as his new home under center. Manning has instructed his agent Tom Condon to put together a deal with the team. Sources are also indicating that the Broncos will trade Tim Tebow when a deal with Manning is complete.

A contract between the two sides is expected to be a formality. Broncos vice president of football operations John Elway and Manning first discussed the parameters of a five-year, $95 million contract during their March 9 meeting in Denver, the first time the quarterback visited a team during his free agency.

Elway then told Manning during the Friday, March 16 trip to Durham, N.C. -- where the quarterback has done the majority of his training -- that he wanted to finalize a contract "fair to both sides." Neither side expects any hangups.