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Is Peyton Manning Good for Denver's Economy?

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  • Description

    Sportscorp president Marc Ganis on Peyton Manning signing with the Denver Broncos.

  • Duration 3:58
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Well from a -- brought -- -- Denver Broncos have won the -- any horse race roping in the highs during football player in the NFL.

And beating out teams like.

Arizona Tennessee San Fran and Miami no we're told is gonna be a news conference 3 PM eastern time today operating at our -- hours from now.

To announce the deal make an all official.

But what will his economic impact be on the mile high city is as good for Denver my next guest says make no mistake -- breaks.

Is it gonna be at best seller and tickets for these games hot commodity -- and -- sports park president joins me.

Right now OK so 36 years old.

99 dollars a year it is official he is signing but is good for Denver for their economy.

Oh yeah it's terrific for Denver's economy.

Every home game every -- game for that matter also.

Is going to be an event people are going to be traveling into Denver to watch the games the media's can be streaming into Denver.

This is this is a great sit -- a great situation.

For the city of Denver and the region and also specially for the Broncos and and the NFL juggernaut just keeps moving along.

Mark I guess we got -- we got the numbers and other reports are out -- -- six million dollars five year contract the Broncos do have some kind of in jury clause in their it looks like we'll find out -- -- this afternoon we'll find out what -- news conference but it is really worth that -- -- worth this much money -- when he's in disparities.

Injuries.

Possibly can't -- that long lecture what do you think.

Yet you know that there's there's no pressure really can put on winning a Super Bowl and the fans feeling that -- competitive for the Super Bowl every year.

What -- man and brings to the Broncos -- already have a terrific defense and some great other players.

Is the opportunity to be a legitimate Super Bowl contender and potentially win the Super Bowl.

More than once over the term of this contract.

That is -- and an economic -- that goes well beyond just what's happening right now but increases the brand of the franchise increases its future earnings.

And so this is that this is a an excellent economic move and it if -- of these salaries actually consistent with the other great quarterbacks in the NFL and to -- salary cap in the NFL.

You that you paid based on slots.

This is a very good deal for the Broncos for -- and he's making more than they would have made with the colts and and I think what we're gonna see is.

Great resurrection story after their great quarterback being down all of last year coming back and leading the Broncos to -- maybe champions.

Let's be honest I mean it kind of as the -- Tivo really rallied the Denver fans and into some of the numbers here is part Stamberg has hasn't -- -- I think of these numbers are gonna go higher for the -- Regular season -- -- a -- -- -- -- game since 1970 but here's the thing.

32000 people on waiting lists right now to get season tickets for Denver I mean they -- -- -- a strong franchise.

-- starting out there at big renewal rate is as our -- -- On their screen I mean did it -- they really need patent handing to -- to the economically really need to have done on his six million dollars from.

There's no NFL team that needs.

A single player because of the way the leads shares about 80% of its revenues at least economically.

This is -- -- this is something so that they can be competitive for championships.

-- mania was an actually extraordinary phenomenon.

But every observer.

Who looked at at at the -- -- -- plates that you know this is is an incredible athlete a credible competitor.

But he has a lot of limitations to his game -- a quarterback there are no limitations -- many schemes -- quarterback in this.

Is a quarterback -- make no mistake about it.

-- but -- this is not done for financial reasons as much as it is for competitive reasons.

Well we shall see the impact on -- and also where Tim -- -- he's got a lot of endorsements is -- to Spain man hangs on we're gonna be following.

The companies that follow the players mart Canada's sports car president mark thank -- -- pleasure.

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