Broncos, John Elway split amicably

Broncos legend John Elway is no longer employed by the Denver franchise as his consulting contract ended and will not be renewed.

Elway confirmed his departure to 9News in Denver, saying the new ownership of the team puts the Broncos "in good hands." His contract as a consultant expired on the first day of the NFL league year, March 15.

Elway, 62, said the decision was made after a meeting with new co-owner Greg Penner,