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Mike Klis Says: Broncos Won't Bid for Peyton Manning

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"I have talked to people close to the Peyton Manning situation and the expectation as of today is the bidding war will come down to Mike Shanahan’s Washington Redskins and the Miami Dolphins. The New York Jets and Seattle Seahawks will also make a run, as well up to three or four others. The Broncos will not be in the bidding, although where Manning lands will create a domino affect that could affect which free-agent quarterback Denver does sign to back up Tim Tebow."