Broncos have formally picked up 5th-year option on Von Miller's contract. Would pay him $9.754 million in 2015. http://t.co/3H93t9zKqo— Mike Klis (@MikeKlis) May 1, 2014
This comes as no surprise as the Broncos were fully expected to pick up Miller's option. The Broncos had until Saturday May 3rd to pick up Miller's option which will now pay the 25 year old linebacker $9.754 million in 2015.
Von Miller is coming off a disappointing 2013 season which saw him serve a six-game suspension, a weight gain, and suffering an ACL injury late in the year. The Broncos are hoping to see the Von Miller that they saw in 2012 in which he totaled 18.5 sacks. In his three-year career for the Broncos, Miller has totaled 35.0 sacks.
Currently Von Miller is still rehabbing from a torn ACL that he suffered against the Houston Texans late in the year. If something goes wrong in his rehab, and that issue spills beyond 2014 and into 2015, the team would be on the hook for his 2015 salary.
Under the rules of the fifth-year option the salary is not guaranteed like the transition or franchise tag once signed. It’s guaranteed for injury only, so the team could still cut a player before the 2015 season if they chose.