Super Bowl 50 MVP Von Miller has agreed to a new six-year contract with the Denver Broncos.
Both sides were able to iron out the details on a deal before Friday's 4:00pm ET deadline for franchise-tagged players to receive a contract extension.
Miller's contract is reportedly worth $114.5million, making him the highest-paid defensive player in NFL history. And with $70 million fully guaranteed, the All-Pro pass rusher's deal sets a record for non-quarterbacks, surpassing the $63.3 million guaranteed the Philadelphia Eagles gave defensive end Fletcher Cox.
The outside linebacker was designated a franchise player by the Broncos in February and would have made $14 million under the tag for the 2016 season.
FOR LIFE pic.twitter.com/ayvzpJ1WZh-- Von Miller (@Millerlite40) July 15, 2016
But his resistance to the tag and desire for a long-term deal pulled the sides into on-again, off-again discussions that at times turned contentious through Miller's veiled social media messages about the Broncos and general manager John Elway.
Miller wavered between sitting out the 2016 season and wanting to be "a Bronco for life" and last week criticised the franchise tag system.
"I've never really played for money," he said. "It's bigger than that for me. It's a league-wide problem that I feel like I'm in a situation to help out with."
A four-time Pro Bowl selection, the 27-year-old MIller finished last season with 11 sacks in 16 games, tied for eighth in the NFL, as the top player on the league's best defense.
His five postseason sacks led the league, with 2.5 of them coming as part of his Super Bowl MVP performance as the Broncos defeated the Carolina Panthers to win a third Lombardi Trophy.
The second overall draft pick in 2011 has 60 sacks in five NFL seasons with the Broncos.