Broncos Seeking GM After John Elway Promotes Himself

Add the Denver Broncos to the list of teams seeking a new general manager.

No, John Elway isn't stepping down. He's just giving up the GM title. Instead, Elway will remain head of football operations and lead the search for someone to handle the day-to-day business of roster construction.

“Working in this role for the last 10 years and going back to my playing days, I’ve always tried to do everything I can to help the Broncos win and get better,” Elway said in a statement. “As part of a transition I’ve thought about for a long time, I have made the decision to step up into an elevated role and hire a general manager to lead our personnel and football staff.”

Elway added that the GM will be working closely with Coach Vic Fangio and will have final say on all the key components to building a team -- namely, the draft and free agency.

Vice president of player personnel Matt Russell will assist Elway with the search and then retire before the start of next season. So along with a GM, the Broncos may be looking to hire Russell's replacement.