John Fox and Denver Broncos part ways

The Denver Broncos and head coach John Fox are parting ways following their upset loss to the Indianapolis Colts in the divisional round of the playoffs.

Following the loss to the Colts on Sunday, Fox said he had every intention of coaching the Broncos in 2015, but something has changed in the 24 hours since. Sunday's 24-13 loss marked the second time in three years that Denver lost at home as a big favorite coming off a playoff bye.

Fox Sports' Jay Glazer and ESPN's Adam Schefter were the first to break the news:

John Fox and Broncos mutually agreed to part ways.

— Adam Schefter (@AdamSchefter) January 12, 2015

Broncos coach John fox just told me he and broncos have decided to part ways

— Jay Glazer (@JayGlazer) January 12, 2015

Fox and Elway met at 2:30 today and they decided

— Jay Glazer (@JayGlazer) January 12, 2015

And Vic Lombardi reported offensive coordinator Adam Gase and defensive coordinator Jack Del Rio are also out:

NEW INFO: Entire Broncos coaching staff let go. Not just John Fox. All assistants gone according to several players.

— Vic Lombardi (@VicLombardi) January 12, 2015

But, Jason La Canfora and Adam Schefter are reporting otherwise:

Also. I am told Broncos have told all coaches under contract they are free to explore other options but have not been terminated

— Jason La Canfora (@JasonLaCanfora) January 12, 2015

Broncos told whole coaching staff they are now free to look for other jobs. But Broncos still hold their contractual rights.

— Adam Schefter (@AdamSchefter) January 12, 2015

And, Del Rio is doing just that -- traveling to Oakland tonight for his second head coaching interview with the Raiders.

One has to assume Fox wanted to come back, but was encouraged to do otherwise after another one-and-done exit from the postseason. Still, he's a good coach who should be coaching somewhere in the coming season, if not by the 2016 NFL season.

There's still no word if QB Peyton Manning will retire or return for the 2015 season. Though, it doesn't look good if the entire coaching staff is leaving.