The Denver Broncos are expected to go up for sale this offseason, and two former quarterbacks are interested in joining a potential new ownership group.
There have been rumors for several months that both John Elway and Peyton Manning have interest in becoming minority owners. Manning downplayed that possibility in November, but Elway publicly acknowledged his interest in a recent interview with KUSA-TV’s Mike Klis.
“I do have interest in being a part of it,’’ Elway told Klis.
As a potential minority owner, Elway would welcome an advisor role.
“I’m not looking to be the face of the franchise,’’ Elway said. “Whoever puts up that kind of money and whoever is that owner, it’s their franchise. It’s their team. My hope would be to help support the new owner.”
Elway won two Super Bowls as a quarterback with the Broncos during his playing days before later returning to the team as an executive. He served as a general manager for 10 years, winning a third Super Bowl in 2015.
Elway stepped down from his GM duties last year but he will remain the president of football operations until his contract expires later this offseason. Elway would like to remain part of the team going forward, and joining a potential new ownership group would allow him to do so.
Meanwhile, Manning has not yet announced his potential interest, but Klis reported Monday that the ex-QB is “listening to prospective investors” who have reached out to him. Joe Ellis, the team’s president/CEO, is expected to announce a transition toward a sale after Denver hires a new head coach.
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