"Governor Romney is a proven leader with the experience and background to turn around our struggling economy," Elway said in a release sent out by the Romney campaign Monday.

This endorsement comes as no surprise to many. Elway introduced the candidate at a rally Monday at Wings Over the Rockies Air and Space Museum.

Elway has been helping the Romney campaign and the Republican party for some time.

The Starboard Group has been sending out emails from Elway that reads in part:

"There are only 39 days until the November Election! I hope you'll join me in sending a clear message that Mitt Romney is the best candidate to serve as our next President," Elway said in a campaign email sent this weekend.

Mitt Romney released the following statement Monday regarding Elway's support:

"Leaders come in many forms, and John Elway has always exemplified leadership, first as a quarterback for the Super Bowl champion Broncos, and now as an executive vice president for the team. He's had to overcome challenges during his career, and he knows what it takes to turn things around when things get tough. I'm proud to have him on my team as we campaign to lead the comeback this nation desperately needs."

(KUSA-TV © 2012 Multimedia Holdings Corporation)