Elway won Super Bowls with the Broncos in 1998 and 1999 , and was the MVP of Super Bowl XXXIII in 1999 , throwing for one touchdown and rushing for another as the Broncos beat the Atlanta Falcons , 34-19 . In 1999 , the Broncos repeated this feat and Elway was awarded the MVP of Super Bowl XXXIII , throwing for 336 yards and one touchdown with one interception , while also scoring a rushing touchdown in Denver 's 34 -- 19 win over the Atlanta Falcons .