Denver Broncos outside linebacker Von Miller will have salary cap hits of $25.625 million and $22.225 million over the next two seasons, according to Spotrac.com. Alternatively, Denver could opt out of his contract in 2020 with a “dead cap” hit of $17.85 million, a net saving of $30 million.
When it comes to Miller, though, the Broncos are not interested in saving money. Denver general manager John Elway confirmed during his end-of-season press conference Monday that the team will pick up Miller’s contract option this offseason.
By picking up Miller’s option, the Broncos are guaranteeing $6 million of the linebacker’s $18 million salary in 2020, according to KUSA-TV’s Mike Klis. The 30-year-old edge defender earned a Pro Bowl nod after totaling eight sacks this season and he’s eager to return next year.
“I can tell you one thing right now, we’ve got a good team . . . . We’re done with this losing,” Miller said after Sunday’s 16-15 win over the Raiders. “Next year is going to be our year and I’ll be ready to go.”
