Coming off a 26-21 win over the Carolina Panthers on Sunday, the Denver Broncos are now ranked fiftth in Nate Davis' latest NFL power rankings for USA TODAY Sports. That's down two spots from Denver's No. 3 ranking last week.

Here is Davis' commentary on the Broncos going into Week 10:

The transformation of the offense since Sean Payton resumed calling the plays has been truly unbelievable.

Ha! Very funny.

Elsewhere in the AFC West, the Chiefs are ranked No. 9, the Las Vegas Raiders are ranked No. 17 and the lowly Chargers are ranked No. 32.

After a bye in Week 10, Denver will host Las Vegas in Week 11. After that, the Broncos will go on the road to face the Pittsburgh Steelers (No. 13) in Week 12.

Overall, the San Francisco 49ers are ranked No. 1 and the Chargers are ranked last in the league. To view the complete NFL power rankings following Week 9, visit USATODAY.com.