Broncos Extend Von Miller

Per contract details reported by Mike Klis, Von Miller’s contract table should look similar to this.  You can find my longer take on the deal here.

Year Salary/Roster Bonus*
Prorated Bonus Cap Number Dead Money
(pre 6/1)
Cap Savings
2016 $8,000,000 $3,400,000 $11,400,000 $42,000,000 ($30,600,000)
2017 $17,000,000 $3,400,000 $20,400,000 $30,600,000 ($10,100,000)
2018 $19,000,000 $3,400,000 $22,400,000 $29,800,000 ($6,800,000)
2019 $17,500,000 $3,400,000 $20,900,000 $15,800,000 $5,100,000
2020 $18,000,000 $3,400,000 $21,400,000 $3,400,000 $18,000,000
2021 $18,000,000 $18,000,000 $0 $18,000,000

*Klis did not specify the breakdown between base salary and roster bonuses in his report, but for purposes of the salary cap this is irrelevant.  What it will mean is that Miller gets more money in his pocket before each season starts from whatever money is assigned to the roster bonus in question.

The wonderful news at 12:05 PM MT:

News from Thursday, July 14:

As we learned last night from multiple insiders, including Ian Rapoport, Adam Schefter, and Mike Klis, it now appears likely that Von Miller will sign a six year contract extension to be around $114 million and $70 million in total guarantees, with Rapoport estimating $59 million to be fully guaranteed within nine months.  We all know that these deals aren’t done until actually signed, so this thread will serve as a placeholder for whatever news comes in on Miller today.  Expect the content to frequently change as the day passes.