Peyton Manning, who led the Denver Broncos to an appearance in last month's Super Bowl, has been fully cleared to play next season, according to a report on the National Football League's website on Monday.

The 37-year-old quarterback's annual checkup was mandated as part of the five-year, $96 million contract he signed in 2012 after missing the 2011 NFL season following multiple surgeries on his neck.

The examination was considered a formality since Manning played in each of his team's 19 games during the 2013 campaign, which ended with a loss to Seattle in the Super Bowl.

After getting the all-clear, Manning's $20 million salary becomes guaranteed for the 2014 season, according to a report that cited a source in the Broncos' organization.

Manning, who set single-season records in the 2013 campaign for touchdown passes and passing yards, is expected to take aim at Brett Favre's career touchdowns record, needing 18 more to lead the all-time list.