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Broncos' Von Miller: Contract negotiations progressing

Miller and the Broncos have made significant progress in negotiations over securing a long-term contract before Friday's deadline, 9News Denver reports.

Analysis:

Miller received the Broncos' exclusive franchise tag back in March, but recently proclaimed he will not play under such designation in 2016, making Friday's deadline to reach a long-term extension all the more important. As it stands, the Broncos' total six-year, $114.5 million offer has been approved by Miller's camp, but his representatives are still negotiating the guaranteed portion of that potential deal. Ultimately, Miller is expected to command more than the $63 million guaranteed that Eagles' defensive lineman Fletcher Cox agreed to last month, which would give Miller the highest guarantee for a non-quarterback in NFL history.

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