Below is the team's official press release –
ENGLEWOOD, Colo. — Denver Broncos President and Chief Executive Officer Pat Bowlen today relieved Josh McDaniels of his head coaching duties, effective immediately.
Running Backs Coach Eric Studesville will serve as interim head coach for the remaining four games of the season.
Broncos Chief Operating Officer Joe Ellis and Coach Studesville will be available to the media on Tuesday at 11 a.m. MST in the Broncos' press room.
Mr. Bowlen released the following statement on Monday: "My decision to relieve Josh McDaniels as head coach was not taken lightly. I will always be appreciative of his passion, enthusiasm and hard work, and I thank him for his efforts.
"In the end, I was not satisfied with the results and the direction this team was headed. The decision to make a change was extremely difficult but one that needed to be made for this organization and our fans.
"Everyone, myself included, is accountable for our disappointing season and is now responsible for restoring the culture of winning that has been established by this franchise. Our entire organization is completely focused on returning to the level of prosperity that our fans expect and deserve from the Denver Broncos."
Eric Studesville released the following statement on Monday: "I am very appreciative of the trust that Mr. Bowlen and the entire Denver Broncos organization have shown in me. Although the circumstances that this opportunity resulted from are unfortunate, I am excited to lead this football team. We have a great group of players and coaches who are committed to finishing the season on a promising note and making our fans proud of this team."
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