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Article updated: 3/13/2013 6:10 PM

Broncos, Welker agree to 2-year deal

FILE - In this Jan. 20, 2013, file photo, New England Patriots wide receiver Wes Welker (83) runs out of the tackle of Baltimore Ravens free safety Ed Reed (20) during the first half of the AFC championship NFL football game in Foxborough, Mass. All 32 teams are under the $123 million salary cap, but how much teams want to wheel and deal is unclear. Those available include Ed Reed and Dashon Goldson and Welker. (AP Photo/Matt Slocum, File)

FILE - In this Jan. 20, 2013, file photo, New England Patriots wide receiver Wes Welker (83) runs out of the tackle of Baltimore Ravens free safety Ed Reed (20) during the first half of the AFC championship NFL football game in Foxborough, Mass. All 32 teams are under the $123 million salary cap, but how much teams want to wheel and deal is unclear. Those available include Ed Reed and Dashon Goldson and Welker. (AP Photo/Matt Slocum, File)

 
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By Associated Press

ENGLEWOOD, Colo. — The Denver Broncos have found a new target for Peyton Manning, agreeing to a two-year deal with Pro Bowl receiver Wes Welker.

Broncos boss John Elway announced the move through his Twitter account on Wednesday. Said Elway: "Excited to have Wes join the Broncos. His production & toughness will be a great asset!"

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Welker is the premier slot receiver in the league, catching 118 passes for 1,354 yards and six TDs last season. He's developed quite a rapport with Tom Brady during his time with the Patriots. The Broncos are banking the same kind of relationship can develop between Manning and Welker.

Earlier in the day, Denver agreed to terms with unrestricted free agent linebacker Stewart Bradley, who played last season for Arizona.

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