Broncos President & CEO Joe Ellis said that he "will not seek an extension to his contract, which expires at the end of March 2022," according to George Stoia of the Colorado Springs GAZETTE. Ellis said, "I don't think CEOs should last forever." Stoia notes this "could play a major role" in the Broncos' future as Ellis is one of three trustees late Owner Pat Bowlen "delegated to execute his estate plan." With a trial scheduled for July 12 between the board of trustees and Bowlen's two eldest daughters, Ellis is "hopeful that the ownership situation will be solved before his tenure is up, predicting that the trustees will 'prevail' in trial with intentions of handing the reins to Bowlen's youngest daughter, Brittany." With limited fans this season, Ellis said that the team's revenue "was down" in '20, but that he "remains hopeful that the organization will be back on track" in '21. Ellis said, "We had a significant downturn in revenue, but we were prepared for it." He added, "We actually were in a pretty good position to be able to handle this. I won't say the same thing to you if I'm on a screen next year if we go through this the way we went through it this year. That will be a big challenge for us" (Colorado Springs GAZETTE, 1/7).
