50m in the past
Mark J. Rebilas / Reuters
Denver Broncos common supervisor and vice chairman John Elway is in negotiations for a brand new contract that may make him the NFL’s highest-paid individual in his place, reviews Woody Paige of the Colorado Springs Gazette.
Paige expects an announcement to be made publicly when the Broncos open coaching camp on July 27.
“We’re working to get it achieved,” Broncos CEO and president Joe Ellis stated. “We have had some productive discussions within the final week or so and can maintain speaking. John’s an essential a part of our group, and we need to ensure that he is right here for a very long time.”
Paige studies that Elway’s deal is within the vary of $30 million to $35 million for a 5-yr interval, paying him between $6 million and $7 million per season. The deal can be the most important of his profession, as a participant or an government. The present highest-paid GMs are reportedly Ozzie Newsome of the Baltimore Ravens and John Schneider of the Seattle Seahawks, who each make $three.seventy five million a yr.
Elway has labored within the Broncos’ entrance workplace since 2011 because the vice chairman of soccer operations and assumed the position of GM after the 2011 season. The Broncos have had a profitable document in each season since Elway arrived, making the playoffs in all however one marketing campaign, showing in two Tremendous Bowls, and profitable one Lombardi Trophy.