The former University of Hawaii standout has been one of the most reliable kickers of his era. But he spent the past week in meetings with the Atlanta Falcons after his negotiations for a new deal with Denver stalled.
The Broncos apparently are holding firm on a three-year offer they believe is comparable to, if not better than, the current deals for other aging kickers.
Ironically, the 38-year-old Elam is coming off a season in which he registered four walkoff game-winning kicks – the most by an NFL kicker since 1990.
In fact, his game-winners accounted for more than half of Denver's seven victories.
And he finished the season by making his last 15 field goal attempts.
In case you had forgotten, Elam was born and raised in Georgia, adding credence to reports he's be doing his kicking in the Georgia Dome this year.
It's the latest twist in an off-season of instability for the Broncos.
They released wide receiver Javon Walker and linebacker Ian Gold during the off-season. They experienced turnover at both coordinator positions for a third straight year.
And, to top things off, head coach Mike Shanahan, who doubles as Vice President of Football Operations, fired general manager Ted Sundquist, a veteran of 16 years with the organization.
So a lot of things are up in the air in mile-high Denver, including the likely departure of their dependable kicker.
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