The messy negotiations between the Denver Broncos and Von Miller have been well-documented, with Miller even cropping John Elway out of a photo at the White House, and reports at one point suggesting that Miller could sit out the entire season.
On Thursday, it was reported that the Broncos had increased their offer to $70 million in guaranteed money, and that a deal was expected to be reached by Friday’s 4 PM ET deadline. And the two sides have indeed reached agreement on a six-year, $114.5 million contract, with $70 million in guaranteed money:
— Denver Broncos (@Broncos) July 15, 2016
FOR LIFE pic.twitter.com/ayvzpJ1WZh
— Von Miller (@Millerlite40) July 15, 2016
Most Guaranteed Money – NFL History
Andrew Luck $87M
Von Miller $70M<<
Eli Manning $65M
Phillip Rivers $65M
— ESPN Stats & Info (@ESPNStatsInfo) July 15, 2016
It’s obviously a crazy amount of money, but Miller is worth it. We saw in the playoffs how much of a game-changer he is, as he racked up five sacks, two forced fumbles, and an interception in three games. Heck, he won the Super Bowl MVP.
Edge rushers like Miller are nearly as coveted as quarterbacks in today’s NFL, and the Broncos’ front-seven is going to keep being a nightmare to opposing quarterbacks — and offensive coordinators — as long as Miller is on board. That is going to be through 2021 with this new contract.