Manning's a Bronco and Tebow's in limbo

Posted: Updated:

DENVER (AP) -- The Denver Broncos have unveiled their newest starting quarterback.

The NFL team held a news conference Monday after finalizing terms of a five-year, $96 million contract with highly-prized free-agent quarterback Peyton Manning.

The NFL's only four-time MVP is joining the Broncos less than two weeks after he was released by the Indianapolis Colts -- his only previous employer in 14 NFL seasons.

It represents a huge coup for Broncos executive and Hall of Fame QB John Elway, and could spell the end of Tim Tebow's (TEE'-bohz) career in Denver. Broncos executive John Elway would not say exactly what will happen to Tebow, but stated it would be the team's goal to get him into the best situation possible.