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Contract Extension Between Broncos & Von Miller Could Take A While

Albert Breer of NFL Media mentions that while the Broncos and OLB Von Miller have acknowledged that he’ll take a discount in his next contract, the real question is from what?

Is Miller willing to take a discount from Ndamukong’s Suh record contract? Or is he willing to take less than his actual market value?

These are the questions that need to be answered, according to Breer, when it comes to the kind of discount he’s willing to offer the Broncos.

Breer mentions that NFL executives believe Miller would top Suh’s $19 million per year salary and would ultimately top $20 million on the open market while also besting Suh’s $60 million guaranteed.

In the end, Breer expects this negotiation to take some time, considering that they only begun to discuss the framework of a long-term deal close to a week ago.

Meanwhile, Mike Garafolo adds that Miller will end up doing better than the six-year, $101 million contract signed by Chiefs OLB Justin Houston last year when all is said and done.

On Tuesday, the Broncos have officially placed the exclusive franchise tag on Miller, which  will run them $15.701 million fully guaranteed for the 2016 season. However, this won’t prevent them from negotiating a long-term deal that would reduce this figure and offer them some additional cap space.

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.

In 2015, Miller 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’ll have more regarding a long-term contract for Miller as the news is available.

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