Von Miller, Broncos Agree to New Contract: Latest Details, Comments and Reaction

July 15, 2016   ·     ·   Jump to comments

The Denver Broncos placed the franchise tag on superstar linebacker Von Miller before the 2016 season but intended to lock him up to a long-term deal.
The move became a reality Friday, as Miller and the Broncos agreed to terms on a lucrative six-year deal worth $114 million, with $70 million in guarantees, per NFL Network. Miller's agents, Vanguard Sports, confirmed the news.
The linebacker took to Twitter to announce the pact:
Houston Texans defensive lineman J.J. Watt congratulated Miller on his payday:
Mike Klis of 9News in Denver provided a financial breakdown of the contract:
2016: $23 million signing bonus, $2 million in salary and workout bonus, other bonuses. Total $25 million (fully guaranteed). The year one payout was the only metric he did not surpass Philadelphia defensive tackle Fletcher Cox, who got $27.3 million upfront with his recent contract extension
2017: $17 million in salary, bonuses (fully guaranteed). Total is $42 million after two ...

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