Phillips took it up with the league, and according to the coach, was told the pass should've been ruled incomplete. (We imagine the league is thrilled he shared this information with the rest of us.)
"Poor Manning," Phillips said. "He thought he broke the record."
When told of Phillips' frisky dig, one prominent Bronco offered a game retort (via The Denver Post):
"We would have got 50 on fourth down, then."