Denver Broncos update: Von Miller offered deal but talks stalled

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Denver Broncos update: Von Miller offered deal but talks stalled

The Denver Broncos has offered linebacker Von Miller a big $114.5 million, 6-year deal. However, despite the generous offer, there has no word yet if the deal would push through. Sources say to ESPN that currently negotiations have stalled.

On Twitter ESPN’s Adam Schefter has said that both sides aren’t close to a deal yet. This is because the offer includes a guaranteed $39.8 million for the first two years. The guaranteed amount is actually closer to $38.5 million, but it does include workout bonuses of $1.3 million. Sports Illustrated has said that Miller wanted $110 million in five years.

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Miller earlier has been hopeful about negotiations. Speaking at the White House ceremony honoring the Broncos last Monday, he said progress has been made and that he is optimistic about negotiations. Talks are said to be ongoing throughout the offseason as the team has placed him under an exclusive franchise tag.

The deadline for players to sign long-term deals would be on July 15, so much time for teams and players to work on issues. If however, no agreement would have been reached by then, Miller will have to play under a one-year tender for around $14 million.

Miller has not been in attendance for the Broncos’ offseason program although he has been with the team when they were honored for their Super Bowl 50 victory. Since the Broncos has tagged him an exclusive right franchise player, he cannot have a discussion with other teams nor receive offers from them. That means a deal then will have to be secured in one way or the other.

A scenario that Sportsnaut said can happen is for Miller to not take an offer from the team and just sit the season out, though that is unlikely to happen. It is more likely that a deal would be made before the July 15 deadline which would be agreeable to both sides.

Photo courtesy: Wikimedia Commons/Jeffrey Beall