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“Bailey and pass-rusher Elvis Dumervil, who missed last season with a torn chest muscle a year after leading the NFL with 17 sacks in 2009, are now the cornerstones of Denver's massive defensive makeover. "Champ is truly one of the NFL's elite players, a 10-time Pro Bowler who is playing at the absolute highest level," Broncos football chief John Elway wrote on Twitter. "The commitment and loyalty that Champ has shown to the Broncos, the city of Denver and this region is exemplary. We're fortunate to have Champ with the Broncos for a long time. This is a GREAT day for our entire organization and our fans." Even though most teams only throw his way a couple times a game, Bailey's 48 career interceptions rank first among cornerbacks since he entered the league as the seventh overall pick by the Washington Redskins in 2009 and his 183 pass breakups are tops among players during the past 12 years. "Signing Champ was a top priority this offseason," general manager Brian Xanders said in a statement. "He has shown incredible loyalty to the Broncos organization and this community in his seven seasons with the club. His value on and off the field is immeasurable, and we couldn't be happier that he is positioned to finish his Hall of Fame career as a Bronco." Bailey said he appreciated Elway's involvement in re-signing him and also the Broncos' willingness to extend an offer to him just four months shy of his 33rd birthday. "It means a lot, because you don't see it happen very often. But I've got to be honest, not to sound arrogant or anything, but I don't come along very often, either. ... And I appreciate the fact that they realize that and they realize how important it was for me to stay here." It had started to look as if the Broncos would lose Bailey this offseason. Even when they reopened talks with his representatives earlier this month, Bailey decided to try to sell his Littleton home that he bought for $1.6 million a few years ago. "Well, you know what, everything that you say publicly has something to do with negotiations," Bailey acknowledged. "It always does. Jay Cutler putting his house up a few years ago. I mean, c'mon. It all has something to do with negotiations." Bailey would still like to sell his house. Maybe he's intent on downsizing because when he was asked if he'd be interested in upgrading to the mansion of NBA star Carmelo Anthony, who was traded from the Denver Nuggets to the New York Knicks in a blockbuster trade Tuesday, he said no way. "Oh, no. That's too much. I've been in that house," Bailey said. "Oh no, that's too much." Bailey's deal was welcome news in a city that was hit hard by the departures of Anthony and homegrown star Chauncey Billups, which followed the recent retirement of hockey great Peter Forsberg after a short-lived comeback attempt with the Colorado Avalanche. Bailey said deep down he never wanted to leave Denver. "I feel like I'm a Denver native. I'm not from here, but it feels good here. I feel like I'm home. That played a big part in my decision to stay, because I want to help make this city proud," he said. "It's been a while. I don't think we've done anything good since the [2005 AFC] championship game. The fans deserve it, and I want to be a part of making it happen for them." Information from The Associated Press was used in this report.
It may sound stupid, but in a few years, hopefully you guys will look back and say, 'Well, Champ said they could turn around pretty quick.' So hopefully this thing will get turned around a lot faster than we all expect.” -- Champ Bailey on the Broncos