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Broncos Will Use Franchise Tag On OLB Von Miller

Ian Rapoport of NFL Media reports that sources have told him the Broncos are preparing to franchise OLB Von Miller and try to work out a long-term contract extension afterwards.

  • ESPN’s Adam Schefter confirms that the Broncos will franchise Miller, unless they’re able to reach an agreement on a long-term deal over the next month.

Denver has a number of free agents to address including QB Brock Osweiler, but there’s no question that they can’t afford to allow Miller to test the open market.

The franchise tag will run the Broncos close to $14 million for the 2016 season.

Last we heard, Jason Cole of B/R reported that it was becoming more and more apparent that Miller wants to be the highest paid defensive player in the NFL, topping the $114 million deal signed by Dolphins DT Ndamukong Suh last year.

Miller, 26, played out his four-year, $21 million rookie contract, and is playing out the 2015 season under the fifth-year option the Broncos picked up last year.

This season, Miller has appeared all 16 games and recorded 35 tackles, 11 sacks, three fumble recoveries and four forced fumbles. Pro Football Focus has him rated as the No. 2 outside linebacker in a 3-4 defense out of 53 qualifying players.

We have Miller listed as the No. 1 player in our Top 50 – 2016 Free Agents list.