After reportedly requesting $70 million guaranteed per PFT from the Broncos, Denver has reportedly caved on Von Miller's long-term contract demands.
According to ESPN, after agreeing to a six-year, $114.5 million, the team has gone up from its initial $39.5 million guaranteed to a whopping $70 million. Miller has reportedly agreed to a contract that will pay him the most guaranteed money paid out to a non quarterback and he's immediately the highest-paid player in Broncos team history.
https://twitter.com/Millerlite40/status/754014072572514304/photo/1
That's after Miller made it clear he wouldn't be willing to play on the franchise tag.
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Over five years, Miller has 60 sacks, 210 tackles, 17 forced fumbles, five fumble recoveries and one interception in 72 games. Over four years, Fletcher Cox (who just took home $63 million guaranteed) has 22 sacks, 162 tackles, five forced fumbles and six fumble recoveries.
MMQB broke down the benefit of Miller sitting out, which he obviously won't do now:
"If Miller is willing to sit out the season, per a union source, the Broncos can't exclusive tag him again. They can put the non-exclusive tag on him, at the normal tag rate, but the comp for another team to sign him then drops from two first-round picks to a first and a third, which some team may well being willing to pay. Now, I'm not saying Miller would be willing to sit out the year. What I am saying is there is some motivation to do so tucked in the rules."
The deadline for a long-term extension was Friday at 4 p.m., but the team beat that by about two hours.
