Intensified Contract Negotiations of the Day

The new Tebowing is... Manning?

ESPN is reporting that Peyton Manning -- newly released from the Indianapolis Colts -- is engaged in "intensified contract negotiations" with the Denver Broncos to replace Tim Tebow as the team's quarterback.

According to ESPN's sources, the Broncos will attempt to trade Tebow once the deal with Manning is finalized, which only an "unforeseen significant obstacle" would  prevent at this point.

[espn.]