Five more years, more money and a new title. In addition to signing John Elway to a five-year contract this week, the Broncos also promoted him to president of football operations/general manager, a bump up from executive vice president of football operations/GM. Elway retains full autonomy over the team’s football decisions. But his new title, Broncos president/CEO Joe Ellis said Wednesday, better reflects his value to the team. “We’re football-first here at the Broncos and, obviously, John is our leader of the team and I think he is mostly definitely deserving of this title elevation,” Ellis said.