Denver Broncos president John Elway says that the team will look to sign running back Phillip Lindsay to a new contract this offseason, according to Nicki Jhabvala of The Athletic.

“Phillip has done a tremendous job,” said Elway. “… As Vic [Fangio] said last night, there were 32 dumb-dumbs that didn't draft him, and I was one of them.”

Lindsay is coming off of another terrific season, as he played in all 16 games and rushed for 1,011 yards and seven touchdowns while averaging 4.5 yards per carry. In addition, he logged 35 catches for 196 yards.

The 25-year-old, who played his collegiate football at the University of Colorado, went undrafted in 2018 (as Elway alluded to) but eventually landed with the Broncos as a free agent.

He appeared in 15 contests during his rookie campaign and was a big surprise, racking up 1,037 yards and nine scores while registering 5.4 yards per attempt. He also caught 35 passes for 241 yards and a score, en route to a Pro Bowl appearance.

Lindsay is currently slated to be a restricted free agent at the end of next season, and in two years, he will be an unrestricted free agent, which is part of why the halfback says he wants to strike a deal “as soon as possible,” per Jhabvala.

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Some expected Denver to split carries between Lindsay and Royce Freeman this season, but that did not end up occurring, as Lindsay finished with 224 carries to Freeman's 132.

Freeman also did not do nearly as much with his opportunities, totaling 496 yards and three touchdowns while recording a less-than-stellar 3.8 yards per tote.