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GM John Elway, Broncos agreed to new five-year contract extension

General manager John Elway – who was heading into the last year of his first contract – agreed to a new five-year contract with Denver Broncos, keeping him with the NFL franchise through 2021.

General manager John Elway metamorphosed the Denver Broncos into Super Bowl champions as one of the leading brains in the professional American football franchise’s front office, and he was rewarded for his never-ending commitment to the organization on Monday, July 24, with a new five-year contract deal.

The Denver Broncos announced the new contract deal after ESPN’s Adam Schefter first reported the said agreement. Schefter later said that while figures aren’t yet disclosed, the agreement is “fully expected” to make Elway the National Football League (NFL)’s highest-paid general manager.

“We’re pleased to reach an agreement on a five-year contract with John to continue leading our football operations,” Denver Broncos President and CEO Joe Ellis said in the team press release. “During these last six seasons, John’s clearly established himself as one of the best general managers in all of sports. He’s demonstrated impressive football instincts, a strong business acumen and a consistent ability to build competitive teams.”

“There’s no doubt John means a great deal to the Broncos, our fans and the entire community. It was important for us to reach this long-term agreement, and we’re all excited to now turn our full attention toward the 2017 season.”

John Elway joined the Broncos front office dating back in 2011 as the director of player personnel, and it wasn’t long before the former American football quarterback became the franchise’s brass decision-maker.

Just a season later, Elway’s title was changed to executive vice-president of football operations, and he officially became the Broncos’ general manager back in 2013 after he served in that role on a de facto basis in 2012 when Peyton Manning was brought to the Denver.

The football club proceeded to rip off four consecutive seasons of at least 12 victories between 2012-2015, and an AFC title in 2013 represented the team’s first trip back to the big game since Elway quarterbacked them to a Vince Lombardi Trophy during the 1998 season.

Despite a disappointing loss to the Seattle Seahawks in Super Bowl 48, the Broncos avenged that massive loss two seasons later with a win over the Carolina Panthers in Super Bowl 50.

However, the 2016 NFL season represented a draw back after veteran quarterback Peyton Manning has retired.

With Trevor Siemian under the starting quarterback job and the offense in a transitionary space, the Denver fought inconsistencies and missed the playoffs following a 9-7 finish.

Moreover, change continued to enfold the Broncos after the season concluded, when head coach Gary Kubiak announced he was retiring. However, despite the uncertainty, the general manager has remained committed to the only franchise he’s ever known in the league.

“Challenges excite me; that’s what it’s about,” Elway said, per Broncos Wire’s Rich Kurtzman. “… This game is about adjusting. We can continue to work hard, and so that’s what we’ll continue to do. Like I said, the goal and the plan have not changed. That’s how people win championships. We were there a year ago. There is no reason that we can’t get back there soon again.”

Elway still has plenty to figure out with the Broncos new head coach Vance Joseph at the helm and the offense searching for franchise quarterback, but his track record suggests the Denver will rebound in title contention sooner.

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