Denver Broncos Off-Season So Far

Just over 24 hours into the 2016 free agency period, the Denver Broncos, Super Bowl 50 Champions,  now have to cope with the loss of star defensive end Malik Jackson, linebacker Danny Tevathan, and Brock Osweiler, who recently signed with the Houston Texans.  They knew going into this offseason that the future of quarterback Peyton Manning wasn’t the only question that needed to be answered.  With a tight salary cap situation and multiple impending free agents to resign, including reigning Super Bowl MVP Von Miller, they had to choose wisely where they’d spend their money. Especially with Miller expecting around $100 million.

Denver Broncos, Von Miller

Von Miller was given the franchise tag, most likely in preparation for a big contract.

They chose to slap Miller with the franchise tag worth $14.129 million, which allows them time to come to an agreement by July 15.  This puts the Broncos in the exact same situation they were in last year with Demaryius Thomas. It ended up working out and they were able to secure a deal at the 11th hour for 5 years, worth $70 million.  This was certainly aided by the deal that the Dallas Cowboys gave to Dez Bryant, for 5 years and worth $70 million.

Whether or not they are able to reach a long term deal with Miller, the franchise tag would’ve allowed them the time to put that on the back burner and focus on the task at hand, the current impending free agents.