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Looks like Peyton Manning will become the next quarterback of the Denver Broncos and Tim Tebow will be traded.

STORY: Giants Fan Inks Eli & Peyton Manning … On His A$$ 

According to ESPN, an intensified contract negotiation commenced under the instruction of the four-time MVP to his agent Tom Condon.

As Reported By ESPN:

Manning instructed Condon to negotiate the finite details of a contract that would conclude with him joining the Broncos after a frenzied but focused process that began when the Indianapolis Colts released him March 7.

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 former Indianapolis Colts 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.

The four-time MVP has someplace to go now, but what does this mean for Tebow mania?

SOURCE: ESPN