Talks continue on John Elway’s contract with Broncos

Getty Images

Other than the eight remaining draft picks, three franchise-tagged players and a few stray free agents, there isn’t much in the way of negotiation news in the NFL right now.

But one place with a lot on the line is Denver, where executive John Elway’s situation with the Broncos still hasn’t been resolved.

Elway’s contract runs out after this season, and there has been no word on any recent progress. According to Nicki Jhabvala of the Denver Post, the two sides have talked recently, and there’s no indication a deal is anything other than inevitable.

Elway himself said in May he didn’t have “any doubt” a deal would be done before the season started. “I look forward to being here with the Broncos for a long time,” he said.

But the particulars of the deal will be fascinating, and could include a stake in ownership. There were reports that Elway turned down a minority stake in the team nearly 20 years ago, but that offer never materialized as owner Pat Bowlen was in the midst of a courtroom battle with previous owner Edgar Kaiser.

“There were circumstances there that didn’t make it work out. Let’s put it that way,” Elway told the Post last August. “It wasn’t because I didn’t want it to. It’s just that there were some circumstances there that I can’t go into that caused it not to work out, which I was obviously very disappointed with.”

Any deal involving a share of ownership would have to be approved by the league. With Bowlen not involved in the day-to-day operations of the team anymore, Broncos CEO and team president Joe Ellis oversees the family trust along with team counsel Rich Slivka and Denver attorney Mary Kelly. They will handle any transition to Bowlen’s seven children, who will each have an equal stake in the team.

But Elway’s success as an executive makes it obvious that the Broncos want to keep him, as they continue to work on the hows and the particulars of what should be a landmark deal for football executives.

34 responses to “Talks continue on John Elway’s contract with Broncos

  1. “It wasn’t because I didn’t want it to. It’s just that there were some circumstances there that I can’t go into that caused it not to work out, which I was obviously very disappointed with.”
    ————————-
    In effect, they decided that this attempt to give Elway cut-price shares in lieu of owed salary would be too public and too obviously spotted as cap-breaking. Try to remember this was 1998. Broncos had already committed the first of their massive, multi-million dollar salary cap violations in 1996 – and Al Davis was already grumbling about it. And so the Doncos tried to get more inventive with their “financial imagineering”. The league would eventually fine the Doncos twice, in 2001 & 2004 (for the two late-90s cap violations), each time with record-breaking million dollar fines and lost picks. But what the league really should have done was hand over the Doncos’ two stolen SBs to the Packers and Falcons.

  2. Elway signed Manning when Manning was already done, but the defense won them the Super Bowl in spite of Manning and Elway got the credit.

    I wouldn’t sign him to a longterm deal just yet, but being a Raiders fan I hope they do.

  3. this entitled, cheating crybaby tool
    has been overrated his entire career

    i cannot wait to see him get an extension

    people with egos that big deserve to fail eventually

  4. 20% of the team for $31M in 1998. Just guessing that the team is in the $1.75B range today, that’s about a $320 M profit in 20 years that Elway missed out on. Maybe he’s trying to get some of that back and maybe with Bowlen likely not being around much longer, he may be able to pull it off.

  5. streetyson says:
    But what the league really should have done was hand over the Doncos’ two stolen SBs to the Packers and Falcons.
    ————
    And the league should have handed the stolen SB from the Rams for spygate…. see how that works? You can’t have your cake and eat it too.

  6. joetoronto says:
    Jul 14, 2017 9:01 AM
    Elway signed Manning when Manning was already done, but the defense won them the Super Bowl in spite of Manning and Elway got the credit.

    I wouldn’t sign him to a longterm deal just yet, but being a Raiders fan I hope they do.

    —————

    Hmmmmmm……and here I thought that statistically Manning had his best season ever with the Broncos…..

  7. joetoronto says:
    Jul 14, 2017 9:01 AM

    Elway signed Manning when Manning was already done, but the defense won them the Super Bowl in spite of Manning and Elway got the credit.
    ———————————————————–

    If you took off those Raiders glasses you’d see that he certainly wasn’t done when Elway signed him. He threw for 131 TDs in his first 3 years with the team, which is a number that only Drew Brees has even come close to in a 3 year stretch. He may have blown it in the Super Bowl, but he was the best QB in the league for at least 2 of those first 3 years with the Broncos.

  8. aqibhasmorepick6sthantylaw says:
    Jul 14, 2017 9:14 AM
    streetyson says:
    But what the league really should have done was hand over the Doncos’ two stolen SBs to the Packers and Falcons.
    ————
    And the league should have handed the stolen SB from the Rams for spygate…. see how that works? You can’t have your cake and eat it too.

    —————-

    Ummmmm…..the Patriots beat the Rams in the SB six years before “Spygate”….

  9. Elway is not getting an ownership stake in the team. No owner would just give that out. The same thing came up with Phil Jackson and the Lakers, and Jerry Buss said no way, even though Jackson was hot property at the time.

  10. nhpats says:
    Jul 14, 2017 9:36 AM
    aqibhasmorepick6sthantylaw says:
    Jul 14, 2017 9:14 AM
    streetyson says:
    But what the league really should have done was hand over the Doncos’ two stolen SBs to the Packers and Falcons.
    ————
    And the league should have handed the stolen SB from the Rams for spygate…. see how that works? You can’t have your cake and eat it too.

    —————-

    Ummmmm…..the Patriots beat the Rams in the SB six years before “Spygate”….
    —————————
    Lmao! Umm…. the Patriots video taping the Rams walk throughs was SpyGate

  11. Bizzareslantpass says:
    Jul 14, 2017 11:20 AM
    nhpats says:
    Jul 14, 2017 9:36 AM
    aqibhasmorepick6sthantylaw says:
    Jul 14, 2017 9:14 AM
    streetyson says:
    But what the league really should have done was hand over the Doncos’ two stolen SBs to the Packers and Falcons.
    ————
    And the league should have handed the stolen SB from the Rams for spygate…. see how that works? You can’t have your cake and eat it too.

    —————-

    Ummmmm…..the Patriots beat the Rams in the SB six years before “Spygate”….
    —————————
    Lmao! Umm…. the Patriots video taping the Rams walk throughs was SpyGate

    —————-

    Well it might have been…..except that “story” was debunked and no such thing ever occurred…. Strike one…..try again

  12. Some people have short memories. The question at the time was how long Manning could play during the season before his arm gave out.

    He was completely done by the end of the season, but you keep looking at skewed stats and be proud. SMH.

  13. But what the league really should have done was hand over the Doncos’ two stolen SBs to the Packers and Falcons.
    ===

    As a Packer fan who still bitterly laments that @$$ kicking, no thank you!

    They earned it on the field that day. Terrell Davis probably could have broken the single game rushing record that day had he not got his bell rung early on.

  14. After the way Elway bungled the QB succession plan, I’m not so sure he deserves a new contract. He certainly should not be paid anywhere close to Belichick because that would be an insult.

  15. patsfan4lifesbchamps says:
    Jul 14, 2017 12:19 PM
    After the way Elway bungled the QB succession plan, I’m not so sure he deserves a new contract. He certainly should not be paid anywhere close to Belichick because that would be an insult.

    ————-

    What do you think about the way your Jets have bungles the Jets’ QB succession plan since Joe Nameth left the team?

  16. I really don’t get all the hate on Elway, as an ex-Charger fan I have nothing but respect for him.

    Classy dude who knows how to win. Where’s the problem?

  17. Not sure where all the Elway hate is coming from. Oh wait, he beat your team like a red headed step child as a player and now he is doing it again as a GM. Got it.

  18. “Any deal involving ownership would involve……regular cash payments in unmarked bills to John in a dark, secluded underground parking garage late at night with no one else around…”

    Fixed it for ya

  19. you realize he is running the team in the ground. Imagine if he kept tebow, let him watch peyton manning, and then return to the job. They would be the hottest team in the league. But he was so smart they got Trevor who couldn’t deliver my mail by 2pm, let alone a winning team.

  20. Don’t pull off a Texas Rangers’ move Denver. They got rid of Nolan Ryan and have been in the gutter ever since while the dumpster fire that was the Houston Astros has ascended.

  21. burtmustin says:
    Jul 14, 2017 10:40 AM
    The greatest 2-4 in Superbowls QB of the 80s-90s.

    —————–

    How many other players have taken their team to 6 SBs? That is pretty darn impressive

  22. “There were some circumstances where I didn’t not want it to not don’t not work out.” Lord he talks like one of those taffy stretching machines.

  23. How about they leak the numbers he’s turning down to the media to make him look like the greedy one. That worked well for the Broncos when Elway did it to Von, right?

Leave a Reply

You must be logged in to leave a comment. Not a member? Register now!