John Elway, Vice President of Football Operations for the Denver Broncos announced that John Fox has accepted the position as the Denver Broncos new Head Coach this afternoon.

9News.com broke this story within the last hour:

"Coach Fox is a great fit for us not only with his coaching ability but also with his personality," Elway tweeted.

Fox, who coached the Carolina Panthers for nine seasons, led them to an NFL worst 2-14 record last year. His contract was not renewed by the Panthers, who have the No. 1 pick in the upcoming NFL draft. The Broncos have the second pick, after finishing 4-12.

"He is a dynamic and proven leader who will energize our entire organization," Elway tweeted. "John has coached great defenses, turned teams around and been to Super Bowls."

Elway says he could not be more excited about his new hire.

See the full story on 9NEWS.com.

So, what do you think of this coaching choice? Will the Denver Bronco's win next Season? Share your comments below.