After giving this careful consideration, I have concluded that [a change in our football operations] is in the best interests of the Denver Broncos. This is certainly a difficult decision, but one that I feel must be made and which will ultimately be in the best interests of all concerned.
I appreciate the 21 years that Mike Shanahan has given to the organization as an assistant and head coach, and the two Super Bowl wins in that time. His contributions hold a special place in Broncos history.
I never expected this. Bowlen had always maintained that Shanahan would be his coach as long as he wanted the job.
I believe that the MasterMind is one of the best 2 or 3 offensive minds in football. If he has a failing, then it lies in his ability to evaluate defensive talent - in players and coaches.
This only makes sense if Bowlen asked for Shanahan to relinquish some of his authority and Shanahan refused. Anything else and Bowlen has made a huge mistake.