On an episode of Pro Football Talk on the NBC Sports Network Broncos GM John Elway opened up about Brock Osweiler and his pending contract as free agency looms.

“Well, I think that’s the hard part,” Elway said. “When you look at where the salaries are on quarterbacks, either above $15 million or below $5 [million]. There’s no middle class of quarterbacks. So that’s where you hope you could get a fair deal with Brock’s people and his representatives. And I think we’ll be able to do that, you never know, but that’s the toughest thing, Mike. Putting that value on that and obviously sometimes what we think the value is and what their value is, is different, but we’ll see if we could come together on that.

Elway would continue to talk about Osweiler’s fit as an NFL quarterback and he thinks Denver might be his best option.

“I think as a quarterback, and I tell you looking it as a quarterback and not looking at it as Brock, and I’m not looking at it from being a G.M. of the Broncos,” Elway said. “But if I look at Brock Osweiler, if I’m in his shoes, I look at a place where I could be successful and in a system that fits me. And I will tell you this now, and I’m putting on my G.M. hat, I think we do have a system that fits Brock very well. So for Brock to have continued success, I don’t think will be, this won’t be his big contract, but this will be a contract where he’ll be able to make very good money and be able to prove himself that could lead to that next big contract.”

This comes a day after Broncos coach Gary Kubiak eluded that Osweiler would be a part of the Broncos plans regardless of Peyton Manning’s decision and it looks like Elway may be trying to set the market for the soon to be 5th-year quarterback. The two sides are projected to meet this week to open up a dialogue for a possible extension.

You can watch the full interview here.