John Elway’s contract with Broncos has expired

John Elway stepped down from Broncos general manager duties last year, and his president of football operations tenure has now ended as well.

The five-year contract extension John Elway signed with the Denver Broncos in 2017 has expired. He is no longer an official employee of the team.

Elway, 61, played quarterback for the Broncos from 1983-1998, helping the team reach five Super Bowls. Elway won two of those championship games before retiring in 1999.

Elway returned to the franchise in 2011 as executive vice president of football operations. He was promoted to general manager one year later and remained the team’s GM through the 2020 season.

Elway helped the Broncos acquire quarterback Peyton Manning in 2012 and they went on to reach two title games with Manning, winning Super Bowl 50 following the 2015 season.

Elway was promoted to president of football operations in 2017 when he received a contract extension, and he also kept his GM title. Elway stepped down from GM duties in 2021 but remained president.

Elway’s tenure as president is now over and he will serve as an “outside consultant” to general manager George Paton, according to KUSA-TV’s Mike Klis.

Elway has expressed interest in becoming a minority owner of the team, and he has said he would be interested in serving as a consultant for the club’s next controlling owner. Elway’s potential role with new new ownership won’t be sorted out until after the Broncos complete a sale of the team.

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