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Elway agrees to 5-year contract with Broncos

ENGLEWOOD, Colo. — One leadership saga down, another one continues for the Denver Broncos.

John Elway agreed to a new five-year contract on Monday, ending a long-running story line that had fans wondering if their Hall of Fame QB-turned-GM might leave the franchise he’s led to three Super Bowl titles.

Elway had insisted ever since the club approached him last October about a new deal that he wasn’t going anywhere. Yet, as months passed without an agreement, the issue came to dominate discussions about the Broncos along with their quarterback puzzle .

Their on-field leader will be determined over the next few weeks as Trevor Siemian and Paxton Lynch resume their much-hyped QB competition. The Broncos begin their seventh training camp under Elway’s front office leadership on Thursday.

“During these last six seasons, John’s clearly established himself as one of the best general managers in all of sports. He’s demonstrated impressive football instincts, a strong business acumen and a consistent ability to build competitive teams,” team President Joe Ellis said in a statement.

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