Contract negotiations are underway to bring future Hall of Fame quarterback Peyton Manning to the Denver Broncos, according to several reports.

Among the reports, ESPN.com says once the deal is finalized, it will likely lead to a trade allowing Denver to dump Tim Tebow.

Following Peyton's divorce with the Colts, nearly half the league (12 teams or so) called the four-time MVP to discuss his future with them. The teams thought to have had the greatest chance to land Manning were the Dolphins, Cardinals, Titans and 49ers, but reports indicated the Seahawks, Jets, Redskins, Chiefs and several others were inteterested.