If Miller and the Broncos don’t agree to terms on a new deal by July 15, Miller will play under the franchise tag this season and earn $14.1 million.
Von Miller and the Denver Broncos are making progress toward a contract extension for the 27-year-old linebacker, Miller said Monday, according to NFL.com.
“We’ve made real progress over the last couple of days,” Miller said. “I’m very optimistic about the whole thing. I remain optimistic about everything.”
Miller made the comments at the White House, where the Broncos were honored on Monday by President Barack Obama for winning Super Bowl 50.
The Super Bowl MVP has been in contract extension talks with the Broncos all off-season after the team placed their exclusive franchise tag on him in March, keeping him under team control for the coming season. If the two sides don’t agree to terms on a new deal by July 15, Miller will play under the tag this season and earn $14.1 million.
Miller has recorded 210 tackles and 60 sacks over 72 games in his five years with the Broncos, and has said he wants to play the remainder of his career in Denver.