Although the Denver Post reported that director of player personnel Matt Russell was interested in the AD vacancy at his alma mater, and Vic Lombardi confirmed the report, the Broncos have since released a statement to the contrary on Russell's behalf:
While I love my alma mater and want what's best for it, I am not pursuing a position with the University of Colorado. I am fully committed to my role with the Denver Broncos.
Russell has been described as the Broncos' de facto GM under John Elway, and according to Mike Florio, many expect him to officially gain that title if and when Elway takes ownership of the team over from Pat Bowlen. Until then, it wouldn't surprise us if we were to learn that Wednesday's dalliance earned Russell a raise with the Broncos.