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Broncos, John Elway extend relationship

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Introducing Denver Broncos Executive Vice President of Football Operations/General Manager John Elway, extended through 2017.

Matthew Emmons-USA TODAY Sports

As far as Broncos 2014 contract extensions go, this one's for John.

The Denver Broncos and Executive Vice President of Football Operations John Elway have agreed to a contract extension, the Denver Post was first to report. The extension includes a formalization of Elway's role as General Manager. He has been the de facto GM since the club and Brian Xanders parted ways in 2012.

Technically, the Broncos and president Joe Ellis ripped up the final year of Elway's old contract and gave him a four-year deal that runs through 2017. Plus this new title: executive vice president of football operations/general manager

Elway unofficially wins the Super Bowl of Longest Job Titles.

The Broncos released a statement, making the move officially confirmed. Here is a portion of it:

"Our organization is extremely pleased with the work John Elway has done in his three years since rejoining the Broncos," Ellis said. "He has demonstrated great vision and leadership in his role, assembling a championship-caliber team and positioning it for sustained success.

"We are very confident in the direction of the Broncos with John Elway leading our football operations."

With Elway as Executive Vice President of Football Operations, Denver has posted the third-most overall wins (37 / 37-11, .685) in the NFL since 2011. The Broncos have won three consecutive AFC West titles for the first time in club history and are 1-of-3 teams in the league to win their division in each of the last three seasons.

"I am grateful for the opportunity I've been given with the Broncos," Elway said. "Our goal is to continue building on the culture of winning established by Pat Bowlen, and we remain relentlessly committed to delivering a World Championship to our fans."

Under John Elway, the Broncos have added impact players in the draft and free agency that include Von Miller, Terrance Knighton, Chris Harris Jr., Danny Trevathan, Dominique Rodgers-Cromartie, Derek Wolfe, Sylvester Williams, Montee Ball, Louis Vasquez, Wes Welker, Jacob Tamme, Joel Dreessen, and Peyton Manning. He has been the biggest factor in shaping the 4-12 team he inherited in 2011 into a Super Bowl contender.

At the time, some called Elway's hiring a PR move. Far from it. Props to the Broncos for locking up their best asset.