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Broncos give Elway three-year extension

Englewood, CO (SportsNetwork.com) - The Denver Broncos have rewarded executive vice president of football operations John Elway with a three-year contract extension.

Financial terms weren't disclosed, but the new deal will carry the Hall of Fame quarterback through the 2017 season. He was also given the added title of general manager.

Elway, who took the Broncos to a pair of Super Bowl titles in his final two years as a player, became the head of football operations in January 2011 and this year built a Broncos team that reached the Super Bowl for the first time since he was under center after the 1998 season.

"Our organization is extremely pleased with the work John Elway has done in his three years since rejoining the Broncos," team president Joe Ellis was quoted as saying on the team's website on Wednesday. "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."

Since Elway took over in the front office, the Broncos are one of just five teams to make the postseason in each of the last three years. The club has the third-most wins in that span and has captured a trio of AFC West titles.

"I am grateful for the opportunity that I've been given with the Broncos," said Elway on the club's website. "Our goal is to continue building on the culture of winning established by (owner) Pat Bowlen, and we remain relentlessly committed to delivering a world championship to our fans."

The Broncos came up just short of their third Super Bowl title this season, falling to the Seattle Seahawks by a 43-8 score earlier this month.

02/12 12:45:42 ET

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