|Broncos offensive coordinator Mike McCoy spent seven seasons under John Fox in Carolina. (Eric Bakke/Associated Press)|
The Broncos are in the process of finalizing a deal with McCoy, according to the source, paving the way for the coordinator's third season in Denver, after he drew interest from the Kansas City Chiefs and Cleveland Browns.
McCoy is seen as a natural fit in Denver because of his seven years with Fox in Carolina and his work this season with Broncos quarterback Tim Tebow, who has the support of new chief football executive John Elway.
McCoy is a former quarterback who competed in Denver's 1995 training camp as a rookie free agent.
The Associated Press contributed to this report.