Broncos Officially Use Exclusive Franchise Tag On OLB Von Miller

The Denver Broncos haveย officially placed the exclusive franchise tag on Von Miller,ย according to Jason La Canfora.

Reports from earlier in the day mentioned that the two parties were expected to continue discussing a long-term deal with Miller leading up to today’s deadline, but the expectation was all along that he was going to be tagged.

The franchise tag will run the Broncosย $15.701 millionย fully guaranteed for the 2016 season, but won’t prevent them from negotiating a long-term deal that would reduce this figure and offer them some additional cap space

This, of course, means thatย QB Brock Osweiler and DE Malik Jackson are well positionedย to reach theย free agent marketย next week.

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

In 2015,ย Miller appeared all 16ย games and recorded 35 tackles, 11ย sacks, threeย fumble recoveries and four forced fumbles.ย Pro Football Focus has him rated as the No. 2ย outside linebacker in a 3-4 defenseย out of 53ย qualifying players.

We have Miller featuredย in ourย Top 100 – 2016 Free Agents list.

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