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John Elway and the Broncos are talking new contract

John Elway and the Broncos are looking to move up in the draft

Denver Broncos general manager and executive vice president of football operations John Elway is entering the final year of his contract. But speaking at the Community Enrichment Award at the Mizel Institute’s annual dinner, Elway made it clear that he doesn’t plan on going anywhere.

“We’re continuing to work at it,” Elway said of a contract extension, via the Associated Press. “I don’t see any problems with that. I look forward to being here with the Broncos for a long time.”

When asked if he felt a deal will happen before the 2017 season kicks off in September, Elway added “I don’t think there will be any doubt.”

Certainly, it’s hard to argue that Elway doesn’t deserve an extension. With him overseeing the Broncos, they’ve won five AFC West titles, two AFC Championships and a Super Bowl.

The strongest argument against Elway would be that he didn’t position the team well for the post Peyton Manning era, especially at the quarterback position. But that’s only been one year. And while the Broncos didn’t make the playoffs in 2016, the season was far from a disaster — especially given what happened from 2011-2015. How well Trevor Sieman and/or Paxton Lynch perform will go a long way towards resolving that issue.

It’s also important to remember that Elway is by far the greatest, most iconic player in franchise history. Looking at the success of his playing days and his time in the front office, Elway has certainly built up enough equity to earn some patience after a disappointing season.