Four-time MVP Peyton Manning told his agent Tom Condon to finalize contract negotiations with the Denver Broncos because he was headed to the Mile High City, the USA Today said.
ESPN's Christ Mortensen broke the news on SportsCenter and reported that a press conference is expected to be held Tuesday.
Manning apparently called the 49ers and Titans, the other teams vying for his services, on Monday morning to inform them of his decision.
All three of the teams had contractual frameworks in place last week when Manning's decision was yet to be made.
ESPN's Adam Schefter further reports that the Broncos may bring in Center Jeff Saturday, who played alongside Manning in Indianapolis. The Broncos will also look to trade quarterback Tim Tebow.