ENGLEWOOD, Colo. -- As the Denver Broncos try to decide what they'll do to find a backup quarterback, John Elway said Thursday that Colin Kaepernick will not be a consideration.

In a week when the Broncos demoted Paxton Lynch to No. 3 and are working second-year quarterback Chad Kelly as the No. 2, Elway -- the team's president of football operations and general manager -- has not ruled out signing a veteran to be Case Keenum's backup.

Elway was asked Thursday if Kaepernick was "a viable option."

"You know what, and I said this a while ago: Colin had his chance to be here. We offered him a contract. He didn't take it," Elway said. "As I said in my deposition ... he's had his chance to be here. He passed it."