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Peyton Manning/Free Agency Watch and Rumor Open Thread

The Denver Broncos sent a contingent to North Carolina to work out Peyton Manning, and they also brought a medical team, presumably to give Manning a physical.

I think the Broncos' intentions are to sign Manning today if possible, which should be obvious, but if they leave the workout and give him a physical without signing him and he gets back to Tennessee, I think all bets are off.

There is also a rumor from my friend Josh Sanchez at FanSided's that the Broncos would potentially part ways with their first round pick in order to sign Pittsburgh's Mike Wallace if they get Manning.

Also, Incarcerated Bob seems pretty set on the fact that Manning-to-Denver is a done deal, and that his meeting with the Titans was just due diligence. You can make what you want of Bob's report--we are just relaying the message!

This thread will be updated throughout the day with the latest news and rumors. The Broncos were also scheduled to have visits in Denver with cornerback Marcus Trufant and linebacker Jameel McClain on Friday.

UPDATE at 12:33 PM CST: According to NFL Network's Jason La Canfora, the Broncos have scheduled a visit with former Tampa Bay Bucs linebacker Geno Hayes. Could be a bad sign for those who want to retain Wesley Woodyard.

UPDATE: 1:47 PM et: According to Mike Klis, the parameters of the deal the Broncos want to offer Peyton Manning are pretty reasonable - 5 years, $60 million with $30 million in G-Jack. The Broncos are hoping to bring Manning back to Denver today - if they can.

UPDATE: 2:25 PM et: The Atlanta Falcons reached a 3-year agreement worth $21 million with DE John Abraham. The Broncos were one of the teams reportedly interested in Abraham.

UPDATE: 4:16 PM ET: TE Fred Davis signs his tender to stay in Washington which guarantees him $5.416 million next year.

UPDATE: 4:27 PM ET: Former Raider WR Chaz Schilens signs with the NY Jets

UPDATE: 5:26 PM ET: The Oakland Raiders release LB Kamerion Wimbley

UPDATE: 5:41 PM ET: The Chicago Bears re-sign S Craig Steltz

UPDATE: 7:40 PM ET: The Oakland Raiders sign guard Mike Brisiel and CB Rob Bartell.

UPDATE: 7:56 PM ET: Former Seahawks/Former Charger Charlie Whitehurst re-signed with the team that drafted him, the San Diego Chargers

UPDATE: 8:05 PM ET: QB Brady Quinn canceled his meeting with the Jets and is on his way to visit the Chiefs

UPDATE: 9:45 PM ET: The Chargers signed DB Atari Bigby to a 2-yr contract