John Elway, barely into his first weekend as the Denver...

John Elway, barely into his first weekend as the Denver Broncos' new chief of football operations, already is in damage-control mode.

Elway took to his Twitter account Saturday to deny speculation that he would trade quarterback Tim Tebow.

The fuss started when Peter King strongly implied on NBC that Elway might trade Tebow to the team that hires former Broncos coach Josh McDaniels as offensive coordinator.

Elway has said on several occasions since being hired as the Broncos' new vice president of football operations that Tebow is a good football player, but he has to become a good quarterback. Elway also has said Tebow's famous work ethic will help him make the transition and that the next Broncos coach should be as big a believer in Tebow's promise as he is.

In response to King's report, Elway tweeted: "To clarify my thoughts on Tim Tebow... I think he's a very good football player, and if anyone can turn themselves into a great QB, Tim can."

"Myself and our entire organization think very highly of him. We are pleased with his first year as a Bronco," Elway added in a second tweet.

His third was his strongest yet: "Any speculation that the Denver Broncos are considering moving Tim is completely false."

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