The Denver Broncos and Von Miller are scheduled to resume talks about a long-term contract for the star pass rusher Friday, according to ESPN’s Ed Werder.
This marks progress, as communication between the two sides stalled in June. We know that Denver offered Miller a six-year deal with $39.8 of the contract guaranteed in the first two years and $58 million in overall guarantees.
Now the questions are: (A) How much guaranteed money will be enough to get a deal done before the July 15 deadline? And (B) How much of the guaranteed money will vest by next March?
In June, the Philadelphia Eagles gave defensive lineman Fletcher Cox $63 million in guaranteed money, approximately $55 million of which will be paid out to him by next March.
One NFL salary cap expert Denverite talked to earlier in the week believed that it was the structure of the deal Denver offered Miller more so than the guaranteed money causing the rift. It’s possible Miller wants most of that $58 million in overall guarantees to be paid out next March rather than in March 2018.
The sides have one week to hammer something out. Otherwise, Miller will play 2016 on the one-year franchise tender (which pays him a little more than $14 million). Miller has threatened to sit out the entire season if no long-term deal gets done.