The NFL Players Association executive board and 32 team reps have voted unanimously to approve the terms of a deal to the end the 4½-month lockout.
Peyton Manning, one of the 10 named plaintiffs in the players' antitrust lawsuit against the NFL, said in a statement, "I want to get back to work."
"My objectives were two-fold when joining the group of named plaintiffs in the labor-related lawsuit. First, to show unified strength on behalf of benefitting all players; second, to see a resolution that recognizes the interests of players and management. I believe both objectives have been achieved," Manning said in the statement. "As a fan of the game, I'm pleased the two sides have reached a deal and, as a professional, I want to get back to work."
Manning was invited to attend the NFLPA press conference Monday but said he was unable to do so because of his rehabilitation and therapy recovering from neck surgery on May 23 to repair a bulging disk.
According to the timeline for league business to begin, trades can be made beginning Tuesday and free-agent signings can be filed with the league office Friday at 6 p.m. ET.
Teams may begin negotiating with unrestricted free agents beginning Tuesday.
A source at the highest-level had earlier told ESPN NFL Insider Adam Schefter that those talks might begin as soon as Monday afternoon and the league year would have begun Aug. 2, if the NFL Players Association signed off on it.