Whatever is going on with the Broncos and free agent outside linebacker Von Miller, it doesn’t sound like a long-term contract extension is getting done any time soon.
Shortly after Adam Schefter of ESPN reported that the Broncos had offered Miller a six-year, $114.5 million deal, Mike Klis of KUSA reported that the Broncos have pulled their offer.
It’s unclear why the Broncos wouldn’t be willing to sign Miller to a six-year, $114.5 million contract today if they were willing to sign him to a six-year, $114.5 million contract yesterday. But if the Broncos have truly pulled their offer and aren’t willing to continue negotiating, that would mean Miller’s options are to sign the one-year, $14.1 million franchise tender, or not to play at all.
Klis reports that the Broncos and Miller agreed on the six-year, $114.5 million part but strongly disagreed on the structure of the deal, particularly the guaranteed money in the first three years.
The Broncos and Miller have until July 15 to work out a long-term deal. If they don’t, he can only play on a one-year deal in 2016.