Broncos pull offer to Von Miller as contract negotiations break down

The Denver Broncos are trying to lock up star linebacker Von Miller to a long-term deal. The Broncos reportedly offered the reigning Super Bowl MVP a six-year deal worth $114.5 million which includes $39.8 guaranteed for the first two years.

However, ESPN’s Adam Schefter reported that there is no deal in sight for Miller and the Broncos. The team set a deadline of 10 p.m. on Tuesday for the long-term deal to get done.

Broncos proposed 6-yr, $114.5M deal to Von Miller that includes $39.8M gtd in first 2 years, per sources close to Denver. No deal in sight.

— Adam Schefter (@AdamSchefter) June 8, 2016

Because no agreement was made on the deal, the team has withdrawn the offer from the table leaving Miller to play on his exclusive $14.129 million franchise tag for the 2016 season. The Broncos have until July 15 to sign their franchised-tagged players to contract extension, but it looks like they have abandoned those attempts with Miller.

Had Von Miller accepted the deal, it would have made him the highest-paid defensive player in the NFL as it exceeded Ndamukong Suh’s $114.375 million contract signed last year.

Since being drafted second overall in the 2011 NFL Draft, Miller has recorded 60 sacks and over 200 tackles. He recorded five sacks in the team’s run through the playoffs, including two in Super Bowl 50 that helped him win the MVP award.

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*Featured Photo (above) credit to USA TODAY Sports