WEDNESDAY, 12:15pm: The Broncos proposed a six-year, $114.5MM deal to Miller that includes $39.8MM guaranteed in the first two years, sources close to Denver tell ESPN.com’s Adam Schefter (on Twitter). That’s apparently not to Miller’s liking, however, and there is no deal in sight at this time. Never say never, but Schefter (Twitter link) says it will be very difficult for Denver and Von Miller to reach long-term agreement by the July 15 deadline.
TUESDAY, 10:10am: During his visit to the White House this week, Von Miller told reporters that the Broncos and his representation have made real progress over the last couple of days regarding a new contract, Mike Klis of 9NEWS tweets. The two sides have been discussing a new deal for quite some time and it seems like an accord could finally be within reach. 
In March, the Broncos slapped Miller with the seldom-used exclusive franchise tag, a measure which kept him from negotiating with other teams. Under the usual non-exclusive franchise tag, other teams can negotiate with players but they have to surrender two first-round picks in order to sign the tagged player to an unmatched offer sheet. It’s rare that a team will surrender big bucks and two first-round choices for a player, but Miller is one of the league’s most feared linebackers and it’s conceivable that a team desperate for pass rush help could have gone to those lengths.
The Broncos have until July 15 to sign Miller to a long-term extension that will likely approach or perhaps surpass the deal Ndamukong Suh signed with the Dolphins last March. Suh earns $19.06MM on average and signed for six years and $114.38MM. Miller will also likely point to Olivier Vernon as a comp after he netted a $17MM-AAV deal with the Giants this offseason. Miller has posted 25 sacks over the past two seasons compared to Vernon’s 14 and has four double-figure sack seasons on his resume compared to Vernon’s one. As of this writing, Miller is slated to earn $14.129MM in 2016 before hitting free agency.
Recently, Broncos GM John Elway expressed hope that he could get deals done for Miller, wide receiver Emmanuel Sanders, and linebacker Brandon Marshall by mid-July.
Photo courtesy of USA Today Sports Images.
If they are smart, let him walk for that kind of money. Even smarter…trade him for picks. No defensive player is worth that much money. Von Miller is terrific, a total stud, no doubt. But let some idiotic desperate team overpay him and handcuff themselves with that crazy salary. But Denver isn’t paying big bucks for a QB so maybe they can get away with overpaying him.
I don’t see a team trading picks for him (presumably multiple early round picks). Not only would teams have to give up picks, but they would also have to sign him to a contract (which is why Wilkerson went untraded–no team was willing to give up assets and give him a big contract). I totally agree that $20 million plus is too much, but they also can’t let a stud talent like him (with no major off-field issues) just walk for nothing.
Some one desperate and/or dumb would do it. Miller is head and shoulders better than Wilkerson. Different positions but Millers impact on a game is way more. He has had off the field issues in the past. Those issues seem to be behind him though. Regardless, no defensive player is worth that much money. Unless he can guarantee multiple sacks and tackles for loss every game (no one can) do not give him that contract.
damn i hope they sign him to the biggest contract ever! bigger than suh – and guarantee all of it!
this guy is one test away from a long suspension. gets his stats from dirty play and the WWNFL support of the manning storyline. that big cornfed forehead is retired now – time for the donkeys to play by the same rules everyone else does. talk about an overrated paper tiger!
worse superbowl of all time. WWNFL at its finest!
Paper tigers don’t win the Super Bowl moron. Must be a salty patriots fan. Go cry somewhere else loser
He’s out of the drug program dumbass. Hasn’t had any issues since 2013. Best linebacker in the league, won the Super Bowl by himself basically. Deserves to be the highest paid defensive player. With only $6 million going to QBs, we can afford it. He’s a lock for the HOF at this rate.
Definitely not a lock for the HoF. Come on dude. If plays at last year’s level for the next 6-8 years with zero drop off, maybe.
Scam