FOX31 Denver

Reports: Broncos offer Osweiler three-year, $45 million contract

Brock Osweiler #17 of the Denver Broncos warms up before the game against the Pittsburgh Steelers at Heinz Field on December 20, 2015 in Pittsburgh, Pennsylvania. (Photo: Justin Aller/Getty Images)

ENGLEWOOD, Colo. — Multiple sources report the Broncos have offered quarterback Brock Osweiler a big-time contract. The deal could be worth more than $45 million over three years.

Speculation continues to grow regarding Peyton Manning’s pending retirement announcement.

And this might be a sign he will announce such a retirement if the Broncos are showing they want Osweiler to be a starting player for them for years to come.