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Demaryius Thomas, Broncos still searching for middle ground as deadline nears

John Elway, the quarterback, excelled at coloring outside the lines. No one improvised better with alarms blaring and seconds ticking down to conclusion.

John Elway, the general manager, excels with strong football acumen, unique business perspective and discipline.

He signed, drafted or negotiated a contract with every player on the Broncos' current roster. Except for one: wide receiver Demaryius Thomas.

The Broncos placed their $12.82 million franchise tag on Thomas in March and have until 2 p.m. on July 15 to secure a long-term deal. If not, Thomas can sign the one-year contract and play on the guaranteed tag this season.