Broncos fire longtime coach Shanahan

The blockbuster of the coaching season just came in: The Denver Broncos fired Mike Shanahan.

Shanahan had three years and upwards of $20 million remaining on his contract.

Shanahan, who just completed his 14th season at the helm of the Broncos, was the longest tenured coach in franchise history. He also held the title of executive vice president of football operations.

The two-time Super Bowl-winning coach guided the Broncos to nine winning seasons, seven playoff berths and three conference championships. The Broncos finished 8-8 this season, missing the playoffs for the third consecutive season.

Video: Schefter on Shanahan firing

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