Report: Broncos increase guarantee for Von Miller to $61 million

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As the Broncos try to get a long-term deal done with linebacker Von Miller, they’ve increased the amount of the six-year, $114.5 million deal that will be guaranteed. Vic Lombardi of Altitude Sports recently suggested that the number has been bumped to $61 million.

That’s an increase of only $3 million from the team’s prior position that $58 million would be guaranteed. Presumably, the $61 million would be fully guaranteed by March 2017, based on reports that the Broncos separately accelerated the trigger from the start of year three to the start of year two.

Miller at one point was seeking more than $70 million in total guarantees, with most of it becoming fully guaranteed by March 2017. The Eagles gave defensive lineman Fletcher Cox $63 million in injury guarantees last month, and the Colts gave quarterback Andrew Luck $87 million in injury guarantees at signing.

If the Broncos are at $61 million and Miller is at $70 million in guarantees, the gap likely will be bridged over the next five days. The Broncos wouldn’t have moved to $61 million a week before the deadline if they weren’t prepared to make even more moves before Friday.

Currently, the ball is in Miller’s court. At some point, the message from Miller to the team should go like this: “This isn’t a formal move, but if you were to offer $X million  guaranteed with $X-minus-Y fully guaranteed at signing and the balance converting from injury-only guarantee to fully-guaranteed in March 2017, Von would accept it.” That would get Miller’s bottom-line position out in the open without putting him in position to be squeezed off of it.

Either way, the plane is in the process of being landed. At this point, it would be a surprise if they don’t get a deal done.

66 responses to “Report: Broncos increase guarantee for Von Miller to $61 million

  1. Looks like Elway is getting ready to drop his pants, I figured he would cave eventually. Von Miller isn’t Brock Osweiler.

  2. I love how Florio speaks about Von Miller (or any other player for that matter) stating his postion to the Broncos like he has something to do with the negotiations.

    The only interaction Von Miller will have with his contract is the pen when he signs.

  3. If I were him, I wouldn’t leave the house, work out, eat a pretzel, or do anything to risk the slightest of injuries before signing that deal.

  4. “The Broncos wouldn’t have moved to $61 million a week before the deadline if they weren’t prepared to make even more moves before Friday.”

    This is a ridiculous comment born out of somebody who knows very little about negotiating, Take it from somebody who has negotiated over a thousand contracts. Sometimes people have made their “highest and best offer” and ain’t gonna budge. Someday if Florio sells a home to somebody who knows his philosophy that person can put the screws to him big time.

  5. If I was Elway I would say: “Look Von. Take the offer… You’re great, but you are no Khalil Mack ”

    And I would be right!

  6. thejesusofcool says:
    Jul 10, 2016 11:09 AM
    Hey John, park your huge ego and pay this guy. He single handedly delivered sb50 to Denver. Von is one of the very best. Pay him or cut him loose.
    _____________

    Translation: Hey John, park your huge ego and pay this guy what he wants. Then tell Emmanuel Sanders he will have to finish out his contract without an increase ans lose jim next year because you parked your ego and paid Von.

    You act like there isn’t a cap and and any money Elway saves he gets to pocket. The Broncos max the cap every year. So any extra money that goes to Miller doesn’t come out of Elways pocket or ownership. It comes out of teammates’ pockets as they fit under the cap. Every team does it. Some do it better than others. Should the Broncos follow the lead of Jacksonville, Philly, Miami, or Washington or should they be following ours? Who’s had the success. Elway knows what he’s doing. Hopefully Von understands.

  7. I can understand Von wanting more,but when is enough? Elway/we know it was him that secured SB50,but this latest guarantee makes him the highest paid LB/DE. Trying to best Suhs contract is also covered w/this contract. Try to get a little more then sign or you’ll turn your fans away. And no I’m not a Broncos fan,just a reasonable one

  8. I predict he will hold out, come back and be injured for the season within 2 or 3 games.

    These players that hold out almost invariable get injured fast because even if they’re working out at home they cannot get proper football conditioning that way. Have seen this happen so many times I lost count.

  9. dd3, aren’t you’re missing out on your own contract deals by wasting so much of your time posting self aggrandizing comments on a sports blog?

    You keep proving yourself more wrong with every comment you make. Just yesterday you were up in arms about the suggestion of “middle ground.”

    Don’t look now, dd3 … Middle Ground.

  10. “Basketball, baseball, and hockey players all have contracts that are fully guaranteed. It’s time for the NFL to start doing so.”

    That would be the final nail in the coffin that ruined the NFL.

    MLB lost me when I saw players getting huge guaranteed contracts and then didn’t give a damn and played poorly throughout that contract.

    Furthermore, NFL players want huge guaranteed payments up front. You cant have it both ways.

    Guaranteed contracts are a terrible idea for the NFL.

  11. Shouldn’t the money go to Denver secondary? The biggest reason Brady and Cam were harassed by Von Miller is because they had nowhere to go with the football as Denver secondary did a good job in covering and manhandling the receivers.

  12. They should let Von walk. Name one team that’s spent that kind of money on a defensive player that had success other than the Patriots with Revis.

    Not to say he isn’t worth a pretty penny, but there was a defensive line that helped him, there was DB’s that helped him. Anybody who says he won this superbowl on their own is just high on their own ignorance.

    Keep rising the price Von, couldn’t be happier

  13. They should have matched what Fletcher Cox received. Does not make sense for the best defensive player to not get as much as an average defensive lineman.

  14. Elway has won enough negotiations. Wolfe is making half of what Malik got even though he is clearly the better player.

    Ward and CHjr are below market value. Ware just took a pay cut. Okung signed a one year prove it deal for 5 million. All of Denvers QBs together make less than 9 million this year. Name one team being that cheap at QB and LT. Not to mention they offered Oz 16.5 mill so how were they gonna do that and pay Von.

    The argument the money isn’t there or won’t be is a worthless theory. The “let him walk” crowd is on an acid trip for real. He’s the best pass rusher in a loaded draft class and he’s the last one to get paid despite bein the only one to climb the mountain. He’s earned it plain and simple.

  15. Elway should offer him a Brady deal, $4MM per year salary and a $30MM contract to provide water to the team for ten years.

    Learn from Belichek, Elway, learn from Belichek.

  16. Someone tell me how Von* PED boy single handedly won Denver a SB?

    That is easily the most asinine, short-sighted statement I’ve read in this series of stories on the MVPED.

    Miller* plays in a defensive scheme that includes 10 other players on D. He is allowed to pin his ears back and tee off on OT’s because the other member s of the front seven were very good at their jobs last year. Not to mention the secondary which also played exceedingly well.

    If Belichick didn’t have a series of idiotic, arrogant decisions over the course of last year, culminating on the AFCCG where he eschewed taking at least 2 FG’s, while ending up losing by 2 points, then the Von* Miller contract narrative would likely be very different right now.

    First Downs
    20 12

    Rush-Yds-TDs
    17-44-1 30-99-0

    Cmp-Att-Yd-TD-INT
    27-56-310-1-2 17-32-176-2-0

    Sacked-Yards
    4-18 3-31

    Net Pass Yards
    292 145

    Total Yards
    336 244

    Fumbles-Lost
    1-0 1-1

    Turnovers
    2 1

    Penalties-Yards
    7-53 7-51

    Third Down Conv.
    2-15 6-17

    Fourth Down Conv.
    2-4 0-0

    Time of Possession
    30:12 29:48

    Stats from AFCCG game are above;
    Pats numbers are on the left.
    The numbers are skewed, obviously, due to NE playing catch-up and Manning having the arm of a Pop Warner player, but still, not a convincing home W for Denver at all.

    Belichick blew it hard in this game as well as the Philly, Jets and Miami game to end the season.

    “In Bill we trust” is most definitely on hold until he makes up for a horrendous record in Dec/Jan of last season

  17. Belichek sat on a sofa and watched Elway win the Super Bowl. Learn for Elway, Belichek, Learn from Elway.

  18. 1964bclions says:
    Jul 10, 2016 11:48 AM
    If I was Elway I would say: “Look Von. Take the offer… You’re great, but you are no Khalil Mack ”

    And I would be right!
    ———
    This is correct because Mack has no idea what the playoffs are or even a .500 season for that matter. He also had 8 games last year without a sack. What a stud.

  19. This is John Elway’s fault, had he started with $61M guaranteed, he might have Miller signed already. He miscalculated as usual and started at $41M guaranteed, leaked in $114M offer to the press to put pressure on Von. That clearly backfired. In the meantime, other star players got signed (Cox, Luck), and pushed up the guaranteed money threshold. Back when this started, $52M guaranteed was the line in the sand set by the JJ Watt contract. Now that line is old news and Fletcher Cox contract set a new line. Elway slow played himself into a trap! He gets what he deserves, just like he lost his QB.

  20. 2-0 0-2

    The Broncos record in AFC Championship games against the Pats are on the left. Conversely, the numbers on the right show NE’s record against Denver in AFC Championship games. Needless to say, not a convincing indication that the NFL’s resident genius resides in Foxboro.

  21. Elway probably could have closed the deal at $55M guaranteed in June. He simply had to say “it’s more than JJ Watt’s guaranteed $$”.

  22. Elway’s taken the team to the Super Bowl twice in 3 yrs…..he knows what he’s doing.

  23. I think the initial offer was too much. This is getting ridiculous, the dude shouldn’t be rewarded for his play in the Super Bowl. He was already rewarded by the money he was paid last year. I’d let the dude walk and let some other franchise overpay on one player.

  24. Now that line is old news and Fletcher Cox contract set a new line. Elway slow played himself into a trap! He gets what he deserves, just like he lost his QB.
    ___________________________________

    Osweiler is going to be a colossal bust so you might want not want to use him as an example. Elway will look good for letting him walk.

  25. raiderhater719 says:
    Jul 10, 2016 1:03 PM
    khaill mack hasnt made the raiders better like Von has made the Broncos better

    ——————–

    ….and Mack doesn’t have the supporting cast that Miller has the luxury of having in Denver…in fact, I might argue that he’s done more with less.

  26. denverdave3 says:
    Jul 10, 2016 11:28 AM
    “The Broncos wouldn’t have moved to $61 million a week before the deadline if they weren’t prepared to make even more moves before Friday.”

    This is a ridiculous comment born out of somebody who knows very little about negotiating, Take it from somebody who has negotiated over a thousand contracts…
    ______________________________________

    Real Estate law/contracts are very different than MNA/Partnership/CBA negotiations…There is a wannabe lawyer in every room.

    -GoDenBroncos

  27. Too much? He’s asking for qb $. He is the qb of the defense, top qb of all teams D. Miller should take it and be happy. He’s going to put his team in salary cap h*ll. Denvers D has lost too many defensive players.

  28. This will get done at about 65 Mil guaranteed. And then Von will go the way of Albert Haynesworth.

  29. Sign it, win another SB, help Denver become a consistently present franchise, open some businesses, and the fan love will pay the difference.

  30. I agree players are getting insane deals but Miller is better then players like Vernon in NY who got huge deals.

    So while other teams pay players who haven’t done much at least Denver is paying a stud.

    No RT in the NFL wants to go 1 on 1 with Miller. It’s just not done. Literally there isn’t one NFL RT that can take him 1-1 without giving up 2-3 hits on the qb and a sack or 2.

  31. Overpay him, screw up your cap for the foreseeable future and then cringe when he gets suspended. Who doesn’t see this coming?

  32. Broncos paying way too much. He had the same amount of sacks as Julius Peppers but less tackles.

    Miller’s number of tackles is ridiculously low.

  33. raiderhater719 says:
    Jul 10, 2016 1:03 PM

    khaill mack hasnt made the raiders better like Von has made the Broncos better

    ==============

    The Raiders are improving. Whether they’re playoff-caliber this coming season remains to be seen. But Khalil Mack was/is a major reason for the improvement so far.

    And Mack doesn’t rely on PEDs the way that Miller does.

  34. scrotiemcb says:
    Jul 10, 2016 2:31 PM

    2-0 0-2

    The Broncos record in AFC Championship games against the Pats are on the left. Conversely, the numbers on the right show NE’s record against Denver in AFC Championship games. Needless to say, not a convincing indication that the NFL’s resident genius resides in Foxboro.
    ———————-

    It’s not an indication of anything. The Patriot’s success over the time that Belichick and Brady have been there is an indication of Belichick’s genius status.

  35. …”You act like there isn’t a cap and and any money Elway saves he gets to pocket.”…

    This isn’t about the total value of the contract, it’s about the guaranteed money. He is not going to affect the payout to team mates, just the money Denver has to put up as security today.

    If the NFL would relax the rules on when guaranteed money had to be set aside, some of this would probably be easier to get done.

  36. Miller is going to lose this battle of public opinion, but I don’t think he knows it yet. As the offers escalate from the Broncos, Miller’s position becomes more and more precarious. Many will eventually see him poorly if this doesn’t work out.

  37. Forgive the arrogance, but no one on here seems to understand the franchise tag, the market or how simple negotiation works.

    Von Miller stands to make an enormous amount of money by sitting out the season and with ZERO chance of injury, knowing full he could sign essetially for franchise QB money on an open market.

    The market for GURANTEED money for defense has now been set by Fletcher Cox, and for QBs, Andrew Luck. For those of you whom are saying “he’s Greedy” blah blah blah and have no concept of these contracts. The guranteed money is miniscule compared to other sports, particularly the stars. The actual contract is really not worth toilet paper. Von has ALL of the bargaining chips.

    Does anyone think JE is willing to let this guy not be on the fielsd next year, by saving a few million in gurantees,
    which has NOTHING to do with this tears cap. I’m sure the fan base will love that. JE will have egg on his face.

    Case in point, the owners got a CBA with a franchise tag that is team advantageous for most cases. However, one thing this cannot substitute is human willingness to exploit the rule! JE has botched this, frankly tagging him was a mastake in the first place.

    People are so quick the take “sides,” this a business negotiation and JE bit off more than he can chew, and failed, simple as that.

  38. It’s simple. If fletcher cox got that much, then the Super Bowl MVP who beat Arron Rodgers, Ben roethlisburgsr, and tom Brady twice gets much much more. Miller has the upper hand. Denver can’t survive without him. They would not have won more than 7 games last year without him.

    If I am miller, I ask for equivalent or more money than Andrew luck. Why? Because miller proved he can stop any elite quarterback and neuter any football team. He is the MVP of the league by talent and should be by pay. No questions asked. $25 million a year, with $80 million + fully guaranteed. Somebody will pay it, and millers agent knows it.

  39. I laugh at comments saying millers sack numbers are not high enough to justify that money.

    Nobody is more disruptive to an offense than Von miller. He wrecks game plans. He frees up others on the line to get sacks – hence why he doesn’t always get the sack. He causes. Quarterbacks to throw into tight coverage, forcing picks. He also causes fumbles.

  40. Dolphins fan here The Broncos should have let Miami have CJ Anderson then they would have had more money to throw at Von. rbs comes a dime a dozen the best pass rusher in the universe don’t.

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