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ESPN's Adam Schefter and NFL Network's Albert Breer have both reported that McCoy has told the Broncos he accepted the job.
The Chargers interviewed him Monday.
The hiring comes before the team could complete its first wave of interviews. Colts offensive coordinator Bruce Arians was scheduled to meet with the team Wednesday.
McCoy began coaching in the league in 2000, serving as the Panthers’ offensive assistant, wide receivers coach, quarterbacks coach and passing game coordinator at different times over a nine-year tenure. He was the Broncos’ quarterbacks coach in 2009 as well as their coordinator. In the three seasons since, McCoy has served solely as the coordinator.
Denver scored the NFL’s second most points in 2012 with the fourth most yards. The year prior, McCoy retooled his offense midseason around the strengths of quarterback Tim Tebow en route to a division title.
From a locker room standpoint, Gehlken noted that Jacob Hester's opinion of how McCoy will fit in San Diego is arguably the most qualified. The Broncos fullback worked with McCoy in 2012 after spending the first four seasons of his NFL career with the Chargers.
On Monday, he told quarterback Philip Rivers -- and other old teammates who've reached out to him since — that they'll like him.
"I think it's a good hire," Hester told Gehlken. "It's a good, young fresh face getting in there. I enjoyed my time with him. What he was able to do as far as switching from Kyle Orton's offense to Tebow's offense to Peyton [Manning's] all within a year and a half is pretty impressive. I think you guys should be pretty excited."
New general manager Tom Telesco led the search for a coach to replace Turner, who was fired along with G.M. A.J. Smith on Dec. 31 after the Chargers finished 7-9.
Before his Chargers interview, McCoy already had interviewed with Arizona, Philadelphia and Chicago. The Jaguars also were expected to talk with him.
With the Chargers, McCoy will work with Rivers, who struggled this season, in large part because of a shaky offensive line.
Rivers was sacked 49 times and committed 22 turnovers, giving him 47 turnovers in two seasons.
Better still, as NFL.com's Marc Sessler notes, San Diego has pulled an innovative mind away from a bitter rival, making this a doubly attractive move for an organization that floated without direction under Turner in 2012.