Thread: #7 will be here for another 5 years -- MERGED

Adam Schefter‏Verified account @AdamSchefter 5m

Broncos and John Elway have agreed to a new 5-year contract that ties him to Denver through the 2021 season, source tells ESPN.

Adam Schefter‏Verified account @AdamSchefter 4m4 minutes ago

Broncos and John Elway have agreed to a new 5-year contract that ties him to Denver through the 2021 season, source tells ESPN.

Troy Renck‏Verified account @TroyRenck 34s35 seconds ago

#Broncos Elway deal agreed to. Could be as long as 5 years. Developing story. Obviously good news to get done before camp @DenverChannel

Albert Breer‏Verified account @AlbertBreer now12 seconds ago

Elway's negotiation was a big one in the NFL. Why? Others in the scouting community have been hoping he'd change the market for GMs.

Beat me by seconds! Mods - merge?

Yeeeeeeessssssssss!!! It seems almost sure to happen, but it's a relief to have it official.

Adam Schefter‏Verified account @AdamSchefter 30m

No figures yet on John Elway's new 5-year contract with Broncos, but it is fully expected to make him NFL's highest paid GM.

Love it.

ENGLEWOOD, Colo. – John Elway has said repeatedly he hopes to be in Denver a long time.That hope is now a reality.

Elway and the Broncos agreed to a new five-year contract Monday that will keep Elway in Denver through at least 2021, President and CEO Joe Ellis announced.

“We’re pleased to reach an agreement on a five-year contract with John to continue leading our football operations,” Ellis said. “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.”

rest - http://www.denverbroncos.com/news-an...c-563f1822c031

The Broncos officially announced the signing of John Elway to a new five-year contract through 2021.

“We’re pleased to reach an agreement on a five-year contract with John to continue leading our football operations,” president and CEO Joe Ellis said, via 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.”

Elway, entering his seventh season as the Broncos’ executive vice president of football operations/General Manager, has overseen a team that has the second-most overall wins (73) in the NFL since 2011. Denver has five AFC West titles and two Super Bowl appearances in that span.

The Broncos say that Elway ranks as the only GM in the NFL in the past six years to acquire future Pro Bowl players through the NFL Draft, street free agency, unrestricted free agency and college free agency.

Elway, who has made Denver home since a 16-year Hall of Fame career with the Broncos, never was leaving. But both sides appear happy to have a long-term deal in place.

“I appreciate the trust and confidence that Joe has shown in me,” Elway said. “[Owner] Pat Bowlen has always put outstanding leadership in place, and I’m grateful for the support Joe gives us to compete for championships each and every year.

“This is a special place, and the Broncos are home to me. While there’s still a lot of work to be done, I’m excited about the future of this team and this organization.”

http://profootballtalk.nbcsports.com...re-home-to-me/

Have they said if it's guaranteed for performance or just injury?

This is critically important for reasons few will state. With Pat Bowlen disabled, and no new family member chosen to replace him, there is a void of leadership at the very top. Having John Elway as the undisputed head of football operations is vital since it brings stability to the organization in a time of transition within the Bowlen family where nobody is really in charge in the way that Pat was in charge.

Anybody who's even been in business knows "if you nobody's really in charge, then the organization cannot succeed." Period.

So is this the 5-year plan to ownership partner? Make that happen.

This news makes me feel joyous.

Originally Posted by Cugel

This is critically important for reasons few will state. With Pat Bowlen disabled, and no new family member chosen to replace him, there is a void of leadership at the very top. Having John Elway as the undisputed head of football operations is vital since it brings stability to the organization in a time of transition within the Bowlen family where nobody is really in charge in the way that Pat was in charge.

Anybody who's even been in business knows "if you nobody's really in charge, then the organization cannot succeed." Period.

Joe Ellis has been taking on Pat's role.