NFL DRAFT 2014: John Elway picking toward bottom of draft now that he's turned around Broncos

Denver Broncos vice president John Elway talks about this weeks NFL football draft during a news conference at the team's headquarters in Englewood, Colo., on Monday, May 5, 2014. (AP Photo/Ed Andrieski) (The Associated Press)

ENGLEWOOD, Colo. – John Elway has turned the Denver Broncos from riff-raff to royalty in three years.

He had the second overall pick in the 2011 NFL draft and chose Von Miller. He has the second-to-last selection this time around, and that could prove an enviable position, too.

Four quarterbacks are expected to hear their names called in the first round Thursday night. If Johnny Manziel, Teddy Bridgewater, Blake Bortles and Derek Carr all go before the Broncos make their pick, prime players at other positions will be pushed down the board, giving Denver added value at No. 31.

If even one of those four QBs, or maybe even a guy like Jimmy Garoppolo, is still available, Elway can expect some phone calls.

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Follow AP Pro Football Writer Arnie Melendrez Stapleton on Twitter: http://twitter.com/arniestapleton