Oh, this is rich.

On Thursday morning, Broncos quarterback Peyton Manning accepted a $4 million pay cut by signing a new contract that will pay him $15 million this season.

On Thursday afternoon, the Broncos reached an agreement in principal with longsnapper Aaron Brewer on a four-year contract. The contract’s total value? Yep, $4 million.

Truth is, it was a coincidence. Manning’s pay cut was for this season’s cash budget. Brewer’s deal features a $740,000 signing bonus and makes him the NFL’s 11th-highest-paid snapper.

All veteran longsnappers make pretty much the same money. The highest-paid longsnappers are Miami’s John Denney and the New York Giants’ Zak DeOssie, who each average $1.15 million a year. Arizona and former Broncos’ longsnapper Mike Leach ranks sixth with a $1.09 million average.

The multiyear deal with Brewer was expected as he was eligible for restricted free agency, where the minimum right of first refusal tender is $1.542 million — or nearly 40 percent greater than what the highest-paid long snapper makes.

Brewer, 24, has been the Broncos’ longsnapper since 2012.

Mike Klis: mklis@denverpost.com or twitter.com/mikeklis