"We'd like to have Elvis back," Elway said.
The two parties are back at the table after last week's debacle in which the Broncos didn't receive the agreed upon three-year, $30 million contract because of a faulty fax machine. The Broncos released Dumervil to avoid paying an original $12 million owed. Dumervil had agreed to cut his pay down to $8 million.
Elway didn't give a clue as to what the new offer was, but it likely won't be as much as the failed deal. As backup plans, the Broncos reportedly are ready to make a run at Dwight Freeney or John Abraham.
Follow Kareem Copeland on Twitter @kareemcopeland.