The Facts:
NFL.com's Ian Rapoport reports that Manning made a minor alteration in his contract that was indeed submitted to the league. There was no pay cut or extension, but it was procedural. Manning and the Broncos altered language that involves his insurance. Rapoport notes it was the team protecting itself in case of injury, and Manning signed off on the change.
Reported by NFL.com
Fantasy Football Diehards Line:
Any time a contract is altered in any way, it must be submitted to the league. It will have no effect on salary cap or any of the important aspects of his deal that runs through 2016. According to Profootballtalk.com,
the Broncos will get $10 million if Manning suffers an injury (other than to his neck) in 2013 that prevents him from playing in 2014. If it's an injury to the neck, Manning's $20 million guarantee in 2014 evaporates, making the insurance unnecessary. Basically, then, Manning will get the full $20 million for any non-neck injury in 2013 that prevents him from playing in 2014. The Broncos, in turn, will get half of it back via insurance.
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