Broncos QB Peyton Manning to Announce Retirement Monday

Broncos quarterback and future Hall of Famer Peyton Manning will announce his retirement on Monday according to various sources, ending a career that saw him break just about every meaningful passing record along with winning two Super Bowls.

ESPN was the first to report the decision early Sunday morning.

The announcement comes about a month after Manning and the Broncos beat the Panthers in Super Bowl 50 in San Francisco. The first pick in the 1998 NFL Draft, Manning retires as the only quarterback in league history to lead two franchises to Super Bowl titles.

Manning retires as the all-time leader with 539 regular-season touchdown passes and 71,940 yards. He and Brett Favre are tied for the most regular-season wins as starting quarterbacks with 186, but Manning’s total jumps to a record 200 including playoffs.

Reports say that Manning, who would have been released by the Broncos this week instead of paying another season of his hefty salary, called team president Joe Ellis, general manager John Elway and head coach Gary Kubiak to inform them of his decision.

He walks away the NFL’s only five-time MVP. He is a seven-time first-team All-Pro. He missed the entire 2011 season with a neck injury while with the Colts, and then started his second career in 2012 with Denver, reaching the Super Bowl twice, winning once.