In the 1997 season, he converted 26 of 36 field-goal attempts (.722) and tied his own franchise record for extra points in a season by going a perfect 46 of 46. His 124 total points on the season ranked second in the AFC (fourth in the NFL), and his 46 extra points led the AFC and were second in the NFL. During the postseason, he was perfect, converting all 15 extra-point attempts and both field goal attempts of 43 and 51 yards. His 51-yard field goal in Super Bowl XXXII against the Green Bay Packers was the second longest in Super Bowl history since Steve Christie's 54-yarder for the Buffalo Bills in Super Bowl XXVIII as well as the longest in Broncos postseason history. He passed the 500-point plateau with his final extra-point attempt at Seattle, becoming only the third Bronco in history to do so and the fastest in terms of games played (66). He also kicked the game-winning 33-yard field goal in overtime at Buffalo, the second time in his career that Elam had won a game for the Broncos in overtime. He tied his own franchise record with five field goals at Kansas City Chiefs, matching the standard achieved previously by himself.