With AP Photos.The Denver Broncos are hoping to repeat the success they had with Peyton Manning in pursuing another free-agent fix at quarterback.
The 30-year-old Keenum is considered the second-best QB available on the open market.
ESPN's Adam Schefter was the first to break the news late Monday night. That would leave the Vikings, Jets and Cardinals in the running to land Kirk Cousins. The Vikings remain the favorite, sources told Schefter.
Keenum was 11-3 as a starter last season for the 13-3 Vikings.
Keenum threw for 3,547 yards with 22 touchdowns and seven interceptions during the regular season.
Kubiak is now Denver's senior personnel advisor and Joseph is the team's head coach. The news is expected to be confirmed later on Tuesday and rubber stamped when Free Agency opens at 9pm (GMT) on Wednesday.
Elway had said early in the offseason "for us to have a chance to get better we have to get better at that position".
The Denver Broncos don't appear to be landing Kirk Cousins after all.
At the scouting combine, two weeks before the start of free agency, Elway did compare the "fluid" nature of chasing a quarterback in free agency this year to the pursuit of Manning.
At the National Football League scouting combine this month, Elway said, "we'll continue to look at all of the options out there when it comes to quarterback". "That was always fluid, too, but he was our target".
Keenum's ascent in 2017 was remarkable to watch, and hopefully that's the guy the Broncos are getting at a reported $18 million per year average on a new contract.
After sitting out the playoffs in each of the last two years following their Super Bowl 50 triumph, the Broncos have apparently found their next signal-caller. Their inconsistent play on both the offensive line and at quarterback have been big reasons why they've sat out the postseason. And if there's one position they need an upgrade at, it's under center. We saw how far Keenum was capable of going in the playoffs this past year, and while the Vikings have a younger roster than the Broncos, I think Denver has a couple of years with their current core of players to compete for a title yet.