Thread: Kiszla: What's it going to take to get Elway signed to a new contract?

Originally Posted by MOtorboat

Cap money can only be prorated for the length of the contract. I don't recall anyone but quarterbacks receiving contracts large enough to approach a decade.

Sure: Pro-rate it a bonus for the length of a multi-year contract, then when the guy retires next year you eat the remaining cap hit then instead of eating the whole contract this year. That's functionally no different than what we did with Elway.

Originally Posted by Davii

There's no cap for anyone other than players

Joel knows that. He's just tweaking the Pestriot fans around here who still believe it's a valid talking point.

Elway is the reason I became a fan of the Denver BRONCOS in the late 80s. I sure hope he'll always be a part of our BRONCOS, and I believe he's earned his piece of the ownership. I'd be surely disappointed if it didn't happen.

Well, if you believe Woody Paige, this sounds promising:

Elway is about to become the league's highest-paid executive vice president-general manager.

He again has earned the right.

The Broncos and Elway are negotiating a long-term agreement that could be finalized privately this week and should be announced publicly before training camp begins July 27.

"We're working to get it done,'' Joe Ellis, Broncos CEO and president, told The Gazette exclusively. "We've had some productive discussions in the last week or so and will keep talking. John's an important part of our organization, and we want to make sure he's here for a long time.''

Elway, I believe, has been offered $30 million-$35 million for a five-year extension, which would be his biggest contract as player or executive.

An additional title - chief operating officer - may be added, with Ellis continuing as the CEO and president and one of the three trustees of the Bowlen Family Trust, which is the majority owner of the franchise since Bowlen's announced retirement because of his worsening Alzheimer's disease. The trust has control of more than 60 percent of the Broncos, with Pat Bowlen's brother, John Bowlen (who primarily lives in Canada, but regularly attends owners' meetings), possessing nearly 40 percent.

It was rumored, and published, that the new negotiations involving the Broncos and Elway's first and only agent, Marvin Demoff, would include another opportunity for Elway to obtain a piece of the Broncos' ownership. But credible sources say that aspect of the proposition is untrue.

http://gazette.com/woody-paige-john-...rticle/1607192

What tf does he have to do to get a stake in ownership? He's exactly what the Bowlen Trust needs.

Originally Posted by Jaded

What tf does he have to do to get a stake in ownership? He's exactly what the Bowlen Trust needs.

I think it's some kind of clause from the previous owner.

Originally Posted by Davii

I think it's some kind of clause from the previous owner.

Ya know what, I think you're right. ******* Kaiser.

where else would he go?

Originally Posted by sneakers

where else would he go?

My house

If only a Cheatriot fan were around to explain this (it's actually kind of interesting, because the way we paid Elway and Davis for the '98 season has long since become a completely legal totally routine NFL practice: You're welcome, other 31 teams.)

People on this other forum brought this up again:

http://www.profootballresearchers.co...php?f=5&t=4405